Investment loans | Mortgage Broker in Hurstville, Penshurst, Mortdale
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What are investment properties?
It’s no secret that the property market is typically a pretty good area to invest in. Hence, the investment property is a very popular product. Investment properties are properties that are bought with the primary intention of gaining value either through renting or selling at a higher price than the initial purchase.
When seeking a loan for an investment property, rather than a property you intend to live in, there are additional factors to consider, as the loans are structured differently. Knowing what factors and features to keep an eye out for, however, can be difficult. As your mortgage broker, Pramod can navigate the complexities of investment properties on your behalf and make the process a whole lot simpler.
If you’re interested in investing in a property without the hassle, reach out to your local Mortgage Choice broker for Hurstville, Pramod Dhakal, today.
What are the qualities of a property that make it a good investment?
Properties come in all different shapes and sizes, which means knowing what makes a property a good investment is an essential skill to navigate the market well. Without knowing what to keep an eye out for, your investment property could fail to appreciate in a worthwhile manner.
Some of the key things to look out for in a potential investment property are:
- What type of property is it? A house, apartment, unit, etc
- Where is the property?
- Will potential buyers/tenants feel safe in the property?
- Does the property require any repairs?
- Are there any developments planned near the property soon?
Being able to determine these factors, and sourcing whether the property is suitable, answers each, is a skill that takes time and expertise to learn. If you’re needing the necessary expertise sooner rather than later, a mortgage broker is a great contact to have in order to confirm.
If you’re interested in learning more about investment opportunities in the property market, reach out to Pramod Dhakal today.
Investment guide
If you’re interested in learning more about investment properties, but aren’t quite sure where to start, check out our free investment guide available now.
To ensure that your next investment property is suitable for your goals, reach out to Pramod Dhakal today on 0401 031 136.
Pramod is also able to assist with other aspects of the property market, such as:
