Purchasing an Investment Property can be an excellent long term wealth building strategy. With the dual benefits of capital growth and the tax benefits of negative gearing, more and more people are investing in property.
Many lenders now only require a 5% deposit for an investment property. We have lenders who are willing to offer the same competitive rates on investment properties, as they do for owner occupied. If your existing home has increased in value recently, come and talk to us about refinancing your property and we can explain how you can use the equity in your home to purchase an investment property.
If you would like further information on the tax benefits of owning an investment property we can refer you to a financial planner who can help outline the potential tax savings that you can make.