Yesterday I had a lengthy debate with my friend.
The question that always come up when a property investor wants to buy an investment property:
Should he get an Interest Only loan, or pay the Principal & the Interest?
Category Archives: How to Guide
Why I don’t look at home loan comparison rates?
A low comparison rate is generally good.
But a high comparison rate does not mean it’s bad, it just means you need to look into it a bit more. It can in fact be better than a loan with a lower comparison rate, if you know how to use the loan facility to your advantage.
FREE Home Buying Program & Money Saving Program
Not sure how to save 5%-15% deposit for a home? We have launched a FREE home buying program that will help Sydney wannabe home owners save money and get into a suitable home.
Our expert cheapskate lending specialist will reveal over 20 tricks to save money FAST.
Interest rates today are around 2% and the mortgage repayments are often lower than the rent for the same property.
Not to mention the property value goes UP over time, and the mortgage balance goes DOWN over the same period.
Get into the property ladder and build wealth over the next 10-20 years 🙂
Let’s get rich together!
How to Purchase a Residential Property
Today I will explore the step-by-step process of purchasing a residential property, either for you to live in or for investment.
For a first time property buyer, this is an exciting and scary activity at the same time. It is a long process and you probably do not know what will happen next and what you are meant to do. I hope this guide will get rid of some of your nerves because it outlines exactly what will happen.