One of the main reasons why people buy investment properties is because it is like you are building wealth over a long term. If one were to select the right property for the right price at the right time, it would yield good returns in the long run. We can help you find how much equity you have in your home and how you can use this to own an investment property soon with flexible investment property loans South Morang. Properties regardless of where you are – Epping, South Morang, Wollert, Thomastown, Mernda, Doreen has reasonably increased in value over the last few years.

When you borrow for a property that you are renting out, it is different to borrowing for a property that you will be living in and hence it becomes more difficult to comprehend. If you are unsure how an investment property loans South Morang can impact your circumstances, you can call LIME Mortgage Brokers, South Morang and we are more than happy to help you.

It is very easy to buy an investment property for anyone who owns their own home, as they can use the equity that has built up over the years as a deposit. Equity is the value of an asset (property) after removing any debt associated with it. For example, for a property worth $800,000 with a mortgage loan of $200,000, it has equity of $600,000/-

With the investment property there are some terms that people get confused such as negative gearing and positive gearing. So, the difference between them is, if after all the deductions, the investment income exceeds the mortgage expense, then we can say that the property is positively geared. If the maintenance, repairs, and bank loan interests exceed the income it generates then we can say that this property is negatively geared.