There are many benefits to getting an investment property loan, including less volatility compared to shares and other options like cryptocurrency, regular rental income, capital growth if you ever decide to sell and tax benefits.
Property investment home loans are mortgages available to Australians who intend to purchase a home, a plot of land or a commercial building for profit-making.
Here at Alpha Broking, we have access to a wide range of investment property mortgages, which we can compare to make sure we find the right solution to match your financial situation and needs.
You should speak to your Alpha before you even begin looking for properties so that we can help you get the best possible deal, and select your home in the best possible locations.
This can give you an idea of what to expect when you take out a loan, your repayments, rental trends and expected capital growth. Plus we will help you find the right loan for your circumstances and get you the best deal from leading lenders.
In some countries, getting finance for an investment property can be challenging. But here in Melbourne and across Australia, there are many reasons why choosing a mortgage for a house or unit you don’t plan to live in makes sense.
There aren’t many restrictive laws or bank regulations in Australia, which makes it easy to maximise your return by only providing 5-10 per cent of the house or unit value as a deposit upfront, and there are many tax advantages.
When you couple those benefits with the fact that you access mortgage broking services through Alpha with no fees, investing in property can be a great way to achieve wealth and security.
Some lenders might make it more challenging for people to access finance for these purposes, but the team at Alpha Finance will do the hard work for you to ensure you get the best terms and loan.
With rentvesting, you own real estate that matches your budget while renting a property that fits your lifestyle. Due to the rising price of homes in inner-city areas, especially among millennials.
The way it works is simple: you might not be able to finance enough to buy the home in the location you want with all of the features you require. But you can access a loan that is enough to purchase a property like an inner-city unit or a home in the outer suburbs. With rentvesting, you can still own real estate and live in a home that suits all of your lifestyle requirements. It’s essentially a case of having your cake and eating it too.
If you want to get the most from rentvesting, you should devise a clear investment strategy before purchasing your property. To receive a positive return on investment, you must choose suburbs with long-term growth potential and appeal to tenants. Let Alpha Broking assist with your strategy so you can be confident your rentvesting strategy is a winner.