As Pete quotes, "Property investing is a game of finance, with houses in the middle".
This interview focuses on the importance of getting the right advice at the start to build a robust financing strategy. Pete and Cate cover off a lot in this lending-focused interview, including;
- Loan structuring
- Mortgage types
- Refinancing
- Lender appetite for specific property types
- Titles
- Zoning
- Valuation shortfalls
- Reinvesting with equity
And they ask the all-important question: "What happens when you run out of borrowing capacity?
Cate and Pete believe that the best time to sell property is never – provided you buy the right property in the first place.
The Buy Right Approach to Property Investing will help you to achieve a passive income and financial freedom through investing in Australian property.
Cate and Pete’s industry knowledge of Australian property investing shines through with detailed reflections on a multitude of investor successes and mistakes. Importantly, they outline what’s involved in buying the right property, which includes:• doing your due diligence on areas, properties and price • researching historical capital growth and performance • calculating your return on investment • adopting a cautiously optimistic outlook and long-term view • managing your risk.
Their mission is to demystify much of the jargon in the world of real estate and enable readers not only to better understand and relate to property investment goals but to embrace their confidence and take sensible, well-informed action.
Link to the book
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