Thinking about investing?
Posted: 10 November 2015
Thinking about investing, but worried about market conditions?
Daniel Green may have the solution.
Whilst it’s true that interest rates for investment loans are generally higher, there are very competitive loan options still available to you. By setting up a Principal and Interest (P&I) loan for your investment, you can enjoy similar low rates to those normally offered to an owner occupier.
Many investment loans are interest only, meaning over the period of the loan, the amount owing to your lender will remain the same. With a P&I loan your repayments are calculated on the total loan amount and interest, meaning when you are ready to sell or reinvest, the value of your loan will have decreased.
This could mean increased buying power for your next investment, and more cash available when you sell.
Any taxation matters regarding your investment property should be discussed with a tax professional.
So give Daniel a call today, to discuss making your finance and investment goals a reality.
(O7) 3899 2866