Investment loans | Mortgage Broker Rose Bay, Dover Heights & Chatswood
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Things to consider when purchasing an investment property
When purchasing an investment property, it is crucial to consider a variety of factors that can significantly impact your return on investment. These factors include:
- The location of the property. Is it close to amenities? (schools, shops, parks, public transport etc.)
- Analyse the local market conditions to gauge the potential for long-term appreciation and steady rental income.
- Assess the property's condition (the age, structural integrity, and any necessary renovations)
- Finally, factor in any costs, such as the mortgage, taxes, and insurance costs to determine the property's overall affordability and long-term profitability.
To discuss the right loan option for your investment property, call Marina on 0416 286 670.
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