Investment Loan
The Australian property market has shown strong performance over the past decade, encouraging more individuals to consider property investment. The possibility of appealing returns from straightforward investment strategies offers you the chance to achieve financial freedom.
Whether you’re an experienced investor or a beginner, we’re here to offer support and guidance on financing your investment property. We take the time to understand your unique needs and assist you in establishing your purchasing budget while guiding you throughout the process.
Your journey in property investment.
1. Secure Your Loan Pre-Approval
Having your budget in place enables you to make competitive offers on your chosen property and bid confidently at auctions. Contact us to discuss this today.
2. Select the Right Property in the Ideal Location
Conducting thorough research is essential for success. Make your investment decision based on logic rather than emotion. Strategically evaluate your reasons for investing—whether it’s for capital growth, rental yield, or other objectives.
3. Submit an Offer or Bid at Auction
Stay within your budget while seeking value for your money. Approach negotiations like a businessperson, not a homeowner.
4. Engage a Conveyancer or Legal Representative and Pay the Deposit
After your offer is accepted, forward the contract of sale to your conveyancer or solicitor for review and advice regarding your cooling-off period rights. Once both parties sign the contract, it becomes legally binding, and your deposit will be paid to the vendor.
5. Obtain Loan Approval
As your mortgage broker, we will prepare the loan documents for the remaining purchase price and request your signature.
6. Arrange Insurance
Your lender will require you to secure building insurance. Many investors also opt for landlord insurance, which is advisable to obtain as soon as your offer is accepted by the vendor.
7. Conduct a Final Inspection
Schedule a final inspection with the real estate agent to ensure everything included in the contract of sale is in proper working order.
When considering the purchase of an investment property, take the following factors into account:
What are the expenses involved in buying and selling?
What costs come with borrowing the funds?
What is the potential for rental income or future capital growth of the property?
After considering these factors, what kind of return on investment can you anticipate?