If you don't already own a property that is worth at least 20% MORE
than your bank loan, you'll need to find some cash.
The younger you are, the harder it is...but your parents can help
with almost ZERO risk!
You will need a job (or self employed) in order to claim most of the
tax benefits and in order to fund any shortfall in the monthly
repayments.
Your family and friends will probably not support you in your quest
to build wealth...they won't understand what you're doing.
You will find MANY excuses NOT to do it.
Professionals may not agree with property investment...especially
if they don't own one themselves.
You may have already listened to bad advice, and that will hinder
your decision making.
Can you mentally handle owing up to $1,000,000? Find out the
difference between "Good Debt" & "Bad Debt"
With the right knowledge and skills, you could build a portfolio of property assets that could fast-track
your way to Financial Freedom!
The following key points make it harder (not impossible)
to own your 1st Investment Property.
Investing in Property Could be
Right for YOU if...
- You want a historically "low risk" style investment formula to get you out of the
financial "merry go round" you're in.
- You want to "shrink the time" it will take for you to achieve financial freedom.
- You are worried about the future and want a plan that will ensure your financial
independence.
- You want to leave a substantial inheritance for your kids and your grand children.
- You just love being with other motivated, success orientated people, who are
working together to extract the most they possibly can from their lives.
Simply click on the money house to see if we can help you.
There's a 92% Chance That Your First Attempt to
Get Finance Will Fail!
Here are some of the "not so clever" things
that the bank will say to you....
- You're too old - John was 54 and his wife was 59
- You're too young - Alex was 24 and Jodie was 23
- You don't earn enough - Scott was on $142,000 in the mines and Jemma earnt $55,000 as an Insurance Broker
- We dont give loans to unemployed people - Sue was being paid over $80,000 per year by the government for being a Foster carer...TAX FREE!
- You already own 4 properties, why would you want any more? - Frank on his way to his 7th property
- I recommend you invest in shares, let me put you through to someone. - Anthony who'd already lost half his super in recent crashes.
- We don't take Guarantors for home loans - Michael, but his parents were still able to give hime 20% of the loan value without it costing them a cent!
- We don't have Interest Only loans - Jonothan - They did, they called them "Professional Loans" but the staff didn't know.
- You don't have enough equity to borrow money - Amy & Brett. They did, but the banks valuer "undervalued" their home by $60,000
- You don't bank with us - Melissa & Brad. They got that right. We helped them obtain a loan elsewhere.
With the help of NCIP, all these stories had a happy ending so don't be discouraged if
1 bank says no because there's plenty of others that will say yes. It's all about
knowing what's out there.