Its great being able to watch clients grow as you work with them. Clients I have been working with for over 10 years now, lets call them Bill and Carmen, have gotten married, started a family, paid off their home, and ventured further into property year after year. Read more
Doing anything alone can be daunting and uncertain. Buying a house or investing in property on your own can be even scarier because you know the bank is looking solely at you and what you bring to the table, rather than the supplementation that comes with a partnership.
With the new financial year well under way, and the effects of the Banking Royal Commission still rippling through the sector, it’s an interesting time for anyone to be refinancing, applying for new loans, and generally trying to convince the banks they’ve got what it takes to pay their loans back.
Phyllis and Vicki have been investing in property for many years and now not only have their own home but four investment properties worth over $2 million as well. Their last deal involved buying a block of land and building a duplex (a dwelling having apartments with separate entrances for two or more households), which was then subdivided upon completion into separate titles and rented out. They still retain those properties but were keen to do the same again as they expanded their investment portfolio.
Everyone hopes their loan application process is going to be quick and easy, and for some people it is. They are straightforward applicants—full-time employees working for someone else, and have a 20% deposit or more. However, the majority of the population are not cookie-cutter applicants, and this next client certainly isn’t.