There are a number of ways to structure your property investment loan.
Some of these include:
Cash funds for deposit
If you are able to provide funds for your deposit without using equity in a current property you own, this option may work with your investment strategy.
An investment loan using the equity in your home
If you have equity in your current home, you may be able to use that to form the deposit for your investment property. An investment loan may be set up differently to a standard home loan, so it’s important that you’re well informed before applying – something your Resolve Finance broker can help you with.
Investing through superannuation
Some people create a Self Managed Super Fund in order to purchase an investment property. This is a hands on approach that gives you complete control over the money saved in your superannuation.
Commercial finance may be another option for your investment loan. Commercial loans, however, are very different from a standard investment loan, so talk to your Resolve Finance broker to discuss whether this type of finance is appropriate, and the options for commercial finance loans.
You might choose any of these options for very different reasons, and each and contains its own complexities and requirements to maximise your returns. That’s is why it’s vital to work with your Resolve Finance broker and the rest of our team to ensure that you are making informed investment decisions.