January 12, 2015 by Rebecca Crommelin
Property Investment in Perth
Thinking about investing in property? In simple terms, if you already own a property or have substantial equity in a current property, then property investment can be easier. This is because banks will allow you to use equity in an existing home to borrow funds to purchase an investment property. They will also take into consideration the proposed rental income for that property to help you repay the new loan.
Purchasing an Investment Property can help you in a number of ways:
- A smart investment purchase can give you great rental returns for now as well as potentially increase in value over the term you have it, and ultimately building your wealth creation for the future.
- You are investing in Bricks & Mortar and it's an asset you can see and touch.
- Property market tends to be less volatile than the share market or other investments.
- Potential tax benefits and deductions from having an investment property.
- Depending on the property you may have little to no out of pocket expenses per month for the property.
Watch our video below to learn more about how you can kick start your property investment journey...
If you are considering property investment, book an appointment with one of our expert mortgage brokers to find out your best options.
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