Building wealth through property investment is the easiest way Kiwis have made it onto the rich list…
The difference between dealing directly with your bank and dealing with me, your broker, is that I the ability to advise you on your best course of action for your investment portfolio.
The rules around property investment lending are very different to when you are going to reside in the property yourself. This is because there is another layer of risk that lenders must consider, values, existing debt, servicing ability, higher rates. Leveraging finance using existing property equity is the most common way to start your investment portfolio.
The finance itself might be easy enough to obtain (if you meet the requirements) but understanding the differences and difficulties ahead of time to make better decisions, will get you to your goals in less time – paying less in interest and creating your nest egg faster.