How To Buy A Investment Property Using Equity Direct

Even if you have $500k in equity, a bank won't lend to you if your can't support the higher loan repayments. They will look at your salary , existing debts , and the projected rental income from the new investment property to ensure you can afford the "buy-in." 6. Execute and Manage

Once your finance is pre-approved, you can shop for an investment property as a "cash" buyer for the deposit portion. Once settled, the goal is for the and capital growth of the new property to outperform the interest cost of the equity you borrowed. how to buy a investment property using equity

The result is the amount you can potentially borrow for a deposit on a new property. 2. Get a New Valuation Even if you have $500k in equity, a