Tips for investing in property
Seek independent financial advice
Before deciding whether property investment is right for you, it's important you seek independent financial advice.
While we can help you find the right investment loan, we recommend that you seek professional advice regarding the most appropriate strategy or plan to achieve your financial goals.
Use the equity in your home to finance your investments
It may be possible for you to borrow against the equity in your current property for future investments (in more property or shares etc). This can be a more cost-effective option than taking out a personal loan.
Negative gearing
Many property investors benefit from tax savings through negative gearing where the return from rental income is less than the borrowing cost of the investment. The loss may then be used as a tax deduction. Consult your financial adviser to see if negative gearing can work for you.
Do your research and beware of scams
Our experience has shown that if an investment opportunity sounds too good to be true, it usually is. Do plenty of research and seek independent property and financial advice, especially if you're investing in an area you're not familiar with.
