Three Borrowing Capacity HACKS

Australian Property investing is a game of FINANCE. 

 

🛑 This means you need to master your LENDING STRATEGY, way before you start shortlisting suburbs or properties. 

 

💡 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: 

👉 Cross-securitisation & why it's bad? 

👉 How to reduce your interest rate? 

👉 How to value property properly? 

👉 Best bank to borrow in a trust? 

👉 How to Avoid Lenders Mortgage Insurance (LMI)? 

👉 Go to bank directly or through mortgage broker? 

👉 Do you need to cut costs before getting a pre-approval? 

👉 What's the deal with Bank of China? 

👉 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, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music. 

 

PK Gupta is the founder of the Property Investment Accelerator — 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:

• Watch FREE Trainings On Our Website 👉 https://consultingbypk.com.au/
• Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors 👉 https://www.facebook.com/groups/passiveincomethroughproperty
• Watch No Nonsense Property Market Insights On Our YouTube Channel 👉 https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta

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