Australian Property investing is a game of FINANCE.
π This means you need to master your LENDING STRATEGY, way before you start shortlisting suburbs or properties.
π‘ To help us, in this episode Mortgage Broker Colin Rice shares three top tips to improve BORROWING CAPACITY by hundreds of thousands of dollars.
We also learn essential strategy around:
π Cross-securitisation & why it's bad?
π How to reduce your interest rate?
π How to value property properly?
π Best bank to borrow in a trust?
π How to Avoid Lenders Mortgage Insurance (LMI)?
π Go to bank directly or through mortgage broker?
π Do you need to cut costs before getting a pre-approval?
π What's the deal with Bank of China?
π How to find an excellent mortgage broker?
Don't miss it!
Discussion Points:
00:00: Introduction
02:54: How lenders assess your rental income
05:00: Maximising opportunity through alternate lenders
09:30: Go with the right lender to access equity
12:19: Answering your questions on borrowing capacity
26:15: LMI exceptions, spending when buying & more
35:45: Asking the right questions to find an AMAZING broker
39:30: Conclusion
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, βstraight to the pointβ property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a βBuyers Agentβ. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator β Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
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