You could own an investment property for as low as $50 a week*
Owning an investment property may seem like a pipe dream for many Australians, but what if we told you that you could own one for as low as $50 a week*? That’s right! With the right strategy and guidance, you can start building your property portfolio without breaking the bank.
At Raine & Horne Project Marketing, we have helped over 2,000 Melbourne families start their property investment journey. Our team of property experts can help you too. We understand that everyone’s financial situation is different, and that’s why we offer a range of investment options to suit your budget and lifestyle.
So how can you own an investment property for as little as $50 a week*? Sounds like a pipe dream, but here are some strategies that could work for you:
- Capitalise on your Equity: If you own a home and have equity then why not use it to start your investment journey. By using your equity you do not need any cash for the deposit and can secure 100% finance for your investment property.
- Use a family guarantee: If you have family members who own property, they can become your guarantor and help you secure a loan for your investment property. This can help you avoid paying lenders mortgage insurance and reduce your upfront costs.
- Consider rent-vesting: Rent-vesting is a strategy where you rent where you live and invest in a property elsewhere. This way you are securing an asset before taking on a liability, saving on taxes which will assist you in building a property portfolio faster.
- Look for affordable properties: You don’t need to buy a luxury property to start your investment journey. Look for properties in affordable areas that have the potential for growth. It’s important to do your research and seek professional advice before making any investment decisions.
- Start small and build your portfolio: You don’t need to buy multiple properties at once. Start with one investment property and use the rental income to help you save for your next investment. As your portfolio grows, you can consider more properties or even upgrade to a higher-value property.
- Make Propetty your vehicle: Buying an investment property should not be the end result, but the vehicle that will help you create wealth by minimising your tax and helping your pay off your mortgage faster.
We can help you explore these strategies and more to help you own an investment property for as little as $50 a week*. Our team of experts can provide you with personalised advice and guidance to help you achieve your property investment goals.
Don’t let a limited budget hold you back from building your property portfolio. Contact us today to sign up for a free consultation with one of our property experts.
*Conditions apply. Call Praful Albuquerque on 0431 068 125 for a FREE consultation.
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