Why Invest in Property with Solution Home Loans


Posted September 6, 2016 by SolutionHomeLoans

Buying an investment property is all about producing more wealth. As a lot of money is involved in this, one must conduct a thorough research before commencing the final buy of the home.

 
Buying an investment property is all about producing more wealth. As a lot of money is involved in this, one must conduct a thorough research before commencing the final buy of the home.

Investing in particular property has several kinds of benefits such as:

1) Secure investment
2) Constant returns
3) Growth
4) Tax reductions
5) Higher borrowing capacity

Once you own the property you would have to pay a various type of fees along with other additional costs such as:

1) Rates
2) Maintenance costs
3) Levies
4) Interest
5) Agents

At the time of deciding whether to invest, consider the establishment costs as well along with other types of ongoing costs such as of the property ownership.

A plan should be there as well as a set budget that should be discussed with the financial partner, like Solution Home Loans. The company will help you in assessing whether you have enough funds to bear the costs of the entire investment property ownership.

There are also ways by which you can borrow your 100% investment property.

1) Investment guarantor loan: Here your parents can guarantee your loan with the use of their property as security after that you can have a loan of 105% of the purchase cost.
2) Using another property as security: Instead if you have another property of your own, then you can use the property’s equity as a deposit for the coming investment buy. With it you can easily borrow about 100% or 105% of the purchase price.

Just in case you don’t have any equity in another property or a guarantor then you can borrow only 95% of the property value at the max. If you need help getting approval for a 100% investment loan, then Solution Home Loans is here at your service.

A residential secured investment loan is generally much cheaper than a margin loan. With the use of this home or investment property as a security, one can really keep the margin calls at bay and save on a lot of interest.

Solution Home Loans is an established and recognized finance firm that provides a wide range of investment loans, mortgage as well as other kinds of finance and insurance packages. The team of SHL is highly qualified in understanding the individual needs and helps you find out a suitable solution.

Contact Solution Home Loans today, for a free financial health check. For more see here www.solutionhomeloans.com.au
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Issued By Solution Home Loans
Country Australia
Categories Business
Last Updated September 6, 2016