Investing in property can be a great way to generate passive income and secure your finances for the future.
Real estate has become a strong asset class over the last few decades. However, it is a daunting arena to jump into. Knowing when and where to start can be difficult, so here are three signs you are ready to buy your first investment property.
Money for a deposit is often the biggest hurdle for any budding property investor. However, if you’re already a homeowner, then you may be able to leverage the equity available in your current home to buy a new investment property.
While some lenders prefer to see larger deposits, there are lenders such as Liberty who provide investment loans to eligible customers with just a 5% deposit.
Savvy buyers will recognise the apartment market still presents a plethora of opportunities.
Buying your first property as an investment can have its advantages.