Investment Property Loans
Investment property is a proven wealth creation strategy. If you have built up equity in your own home you might consider buying an investment property.
If you already own an investment property, it could be time to consider refinancing your investment property loan and adding another property to your portfolio.
Depending on the equity in your home, you could borrow 100% of the purchase price of your new investment property. You can even borrow additional funds to cover the stamp duty and expenses. This can maximise your taxation benefits.
Not only is important to select the right investment property, it is equally important to have the right loan structure. Setting up your investment property loan correctly can save you money and give you the flexibility to purchase other properties in the future.
If you would like to buy a new investment property but don't know where to start, arranging your finance is the first step. We also have a number of associates who specialise in investment property sales and construction.
We are experts at finding the right investment property loans to help build your property investment portfolio. Contact us today or enquire online to find out how much you can borrow .
Investment Property and Negative Gearing
Should you borrow money to invest? That depends on your own personal needs and circumstances. You need to get advice from your accountant or financial planning specialist.
Once they have advised that property investment is right for you, it is then time to consider how much you can borrow and who the best lender to help you.
We have access to over 25 lenders and 250 different home loan products to help with your investment.
So what is negative gearing? When the costs of owning an investment property, such as interest on the loan, bank charges, maintenance, repairs and capital depreciation, exceed the income (rent) it produces, the property is said to be negatively geared.
The idea behind this type of investment is that over time, the investment property increases in value. This is known as capital growth. So even though you may have to cover the monthly shortfall between the rent received and your monthly expenses, in the meantime the property is increasing in value.
With correct financial advice and with the selection of the right property, negative gearing can provide great tax advantages. If your total annual expenses exceed your total annual rental income, then the actual loss can be offset against your other income.
You may also be interested in House and Land Packages in Perth
Positively Geared Properties
You might also be interested in the National Rental Affordability Scheme operated by the Australian Government. These properties are potentially positively geared with various tax incentives offered by the government..
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