Buy An Investment Property

When you’re trying to secure finance for an investment property, it’s important to keep a few simple rules in mind to make sure you will be able to afford the repayments, come what may.

If you’re thinking about purchasing an investment property, it’s important to manage the risks adequately. For example, you shouldn’t rely on rental returns as a guaranteed income to meet loan repayments, as there are times when a property may be vacant or hard to fill immediately and some months the rental return on a property may be diminished by maintenance costs.

Most investors will already have put some thought into where they would like to invest and will have an approximate price-range in mind. It imperative that you get your borrowing power assessed using a conservative proposed rental figure. Always get a fully assessed preapproval before you start looking for properties. That’s what we can do for you.

Some WARNINGS! Beware of property spruikers! Be cautious of actors working on behalf of property developers. These typically promote Off-the-plan purchases in new subdivisions. There is nothing illegal here. We are simply asking you to do your due diligence. If you want assistance we can offer a range of reports and advise you of some websites you can visit that help you make sense of Investment locations.