Using equity to buy another property: how it works
Wondering how seasoned buyers use equity to buy a second home or finance an investment property?
In this guidebook, we explore the common method investors use to grow their property portfolio, providing real-life examples of how unlocking equity works in practice.
- How to work out the equity in your home
- How to get equity out of your house
- The key difference between “equity” and “lending equity”, and why it’s important
- What not to do when structuring multiple property loans
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Perth Residential Property Market Insights – October 2023
During October, Perth’s residential property market saw houses selling at a record speed, with a median selling time of just 8 days. Property values have continued to rise, with Perth showing the strongest growth in the nation. Demand for housing in Perth remains high, with a limited supply of available properties.
Home loan pre-approval – what does it really mean?
Caylum Merrick, Momentum’s Property Strategy and Finance Manager, explains what a pre-approval is and why it’s important to know what your lender is really offering with a home loan pre-approval.
Property negotiation tactics: the common mistakes investors make during property negotiations
Negotiating is one of the fundamental aspects of property investment, but it’s also the one aspect that many investors dread. While there are many well-known property negotiation tactics, there are a few common mistakes frequently made by both investors and owner-occupiers alike.