Strategies to Improve Your Borrowing Capacity for Property Investment
Hitting your borrowing capacity can feel like watching your property investment dreams slip away, but there are multiple proven strategies you...
We all know that we should be pre-approved before we go looking for property, however most lenders will require a new pre-approval within a certain timeframe and this could have huge implications on your credit file. So if you are not quite ready to start looking for a property then maybe having a personalised borrowing capacity is what you need now.
For more information on pre-approvals and what to do once you find a property then watch the videos below which will help you understand more about your Approval In Principal (AIP).
Firstly, should you actually get a pre-approval? Watch this quick video as it may not be what you should be doing.
So once you have a pre-approval what do you do next? This video explains what you need to consider, and I share some tips and resources on how to find the property to suit your needs.
Hitting your borrowing capacity can feel like watching your property investment dreams slip away, but there are multiple proven strategies you...
Offset accounts represent one of Australia's most powerful yet underutilised mortgage tools, capable of saving property investors and homeowners...