Don’t make the mistake of borrowing for your personal residence and investment property from the same bank and ensure you retain control with Split Banking..
Asses your loan servicability based on the net return of what you want to achieve from your investments.
Understand your mortgage options, taking into consideration tax implications and your personal situation.
Successful investment needs some analysis and goals to be set, just like any other goal or business. Work out what you want to achieve and get started.
Building a successful investment portfolio starts with a team of the right people around you. From Accountants to Solicitors to Mortgage Brokers, the right team with the right skillset will help you reach your goal quicker.
If you want to build a property portfolio reasonably quickly it’s important to understand how to go about recycling equity so you can continue to purchase more properties.