Investment Property Loans
Buying An Investment Property
When looking to purchase an investment property you will need three experts in your corner:
1. Investor Paul AKA Mortgage Rate Finder
Organising finance to buy an investment property is probably the first step you want to take. More and more Australians are choosing mortgage brokers to secure their finance, whether to purchase their first, second or fifth investment property. Mortgage brokers understand the financing market and can help you to navigate even the most complex purchases.
2. A gun Solicitor or Conveyancer
Having a great lawyer or solicitor in your corner is always a good idea when buying a home or property. There are a lot of pros and cons on whether to choose a solicitor or a conveyancer to handle the contract of your first home purchase, however the most important thing to keep in mind is that a lawyer or solicitor has a little more capability in the unlikely event that there is an issue.
3. An awesome Accountant
People often start their journey in purchasing an investment property by either finding something they want to invest in and then sorting out finances or by having finances sorted out and then finding a property.
Either way we can help you find a solution that fits your individual situation and put you in the best possible position to achieve your financial goals.
Putting You In A Good Position
Often, you will need some equity in an existing property or savings to get started on your journey to purchase an investment property. We will then crunch the numbers to make sure this will leave you in a better financial position and present you with a clear picture of what the investment deal will potentially look like. We will answer many of the questions you have, including:
- What is my maximum purchase price?
- How much will the new loan repayments be (principal and interest or Interest only)?
- How much are the required upfront contributions?
- What is the minimum rent required from the new property?
When you work with Investor Paul AKA Mortgage Rate Finder, we work with you to understand and assess all of the pros and cons of buying and owning an investment property. All of this is to ensure that when you do make the decision to buy an investment property, you are confident and clear on the costs involved.
Other Costs To Keep In Mind
There are a range of costs and risks involved with buying and maintaining an investment property.
Property management fees, strata levies and some costs associated with organising finance are all a part of buying and owning an investment property. As we mentioned earlier, it’s important to have a strong understanding of your financial position before you bite the bullet and buy an investment property.
Some of the important things to consider when looking for an investment property include:
- Landlords insurance
- Property Management fees
- Tax deductions
- Depreciation
- Maintenance costs
We strongly advise that you speak to your accountant, if you haven’t already, to help you make an informed choice about the type of investment and the product set up that will be the best for your situation.
Want To Know How Much You Can Borrow?
Many Pauls, One Promise
At Mortgage Rate Finder, we believe that honesty is the only way to operate. That’s why we promise that every Paul you deal with will be upfront and honest when working for you.
Another part of every Paul’s promise is to be fast. Not in a sloppy way, in a ‘let’s move this thing along’ way. Mortgage Rate Finder and our posse of Pauls will always do their best to keep the momentum moving when we know we can get you a deal.
Finally, every Paul at Mortgage Rate Finder is the same Paul – he’s just bringing the right skills and experience to the table with each and every client so that you know when you work with Paul and Mortgage Rate Finder – you get exactly the mortgage broker you need to get the job done.
What Our Customers Say
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. Lenders We Love
