118. How do I use equity to buy a second property?
DEC 16, 202441 MIN
118. How do I use equity to buy a second property?
DEC 16, 202441 MIN
Description
<p>In this episode, we chat with Maddie Walton (@moneywithmaddie) a mortgage broker from @moneyloungeau to break down the concept of using equity as a powerful tool to invest in property. Learn why equity often beats saving for a cash deposit and how mortgage brokers simplify the process. If you’ve been wondering how to leverage your property’s value, this is your starting point.</p><br><p>We dive into how equity is calculated, the difference between total and usable equity, and the factors that influence it. With insights into broker strategies, you’ll discover how to unlock equity, secure favorable loan terms, and use these funds for a second property. From refinancing to home equity loans, we outline the key steps to make it happen.</p><br><p>Finally, we discuss critical considerations, like borrowing capacity, interest rates, and avoiding over-leveraging. A real-life case study highlights how a mortgage broker’s expertise turns equity into opportunity. Whether you’re a seasoned investor or a first-timer, this episode equips you with the know-how to take the next step.</p><br><p><a href="https://www.instagram.com/tashinvests/" rel="noopener noreferrer" target="_blank">@tashinvests</a></p><p><a href="https://www.instagram.com/anakresina/" rel="noopener noreferrer" target="_blank">@anakresina</a></p><p><a href="https://www.instagram.com/getrichslowclub/" rel="noopener noreferrer" target="_blank">@getrichslowclub</a></p><p><a href="https://www.instagram.com/pearlerhq/" rel="noopener noreferrer" target="_blank">@pearlerhq</a></p><p><a href="https://pearler.com/getrichslowclub" rel="noopener noreferrer" target="_blank">Get Rich Slow Club</a></p><p><a href="https://pearler.com/" rel="noopener noreferrer" target="_blank">Pearler</a></p><p><a href="https://www.youtube.com/@getrichslowclub" rel="noopener noreferrer" target="_blank">YouTube</a></p><p><a href="https://www.amazon.com.au/How-Not-Work-Forever-Investing/dp/1394248865" rel="noopener noreferrer" target="_blank">How To Not Work Forever</a></p><br><p><strong><em>Disclaimer</em></strong></p><p>Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.</p><br><p>Natasha Etschmann is an Authorised Representative #1299881 of Guideway Financial Services Pty Ltd AFSL#420367. Read the FSG available from<a href="https://tashinvests.com/links" rel="noopener noreferrer" target="_blank"> https://tashinvests.com/links</a></p><br><p>Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from<a href="https://pearler.com/financial-services-guide" rel="noopener noreferrer" target="_blank"> https://pearler.com/financial-services-guide</a></p><br><p>If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.</p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>
