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H1: Investment Loan
Willing to Buy an Investment Property?
Are you purchasing your first rental property or adding to your investment property? We can help you find the most suitable lender and product. We can help you with funding at a competitive interest rate for both commercial and residential properties.
If you are paying a very high interest rate, contact us. We will help you find the lowest rates for your investment property or entire portfolio.
It is advisable to consult with the experts before investing in the property.
H2: Advantages of Investment loan
These are some general advantages of investment loan
• Property investments can be less volatile than shares and other assets.
• You can earn income by renting your property.
• Property values grow to increase over time.
• You can claim expenses like interest and repairs to decrease taxable income.
• You don’t need technical knowledge to invest in property, though due diligence is necessary.
• You can claim depreciation on buildings, improvements, and appliances against income.
• Take advantage of potential tax exemptions on capital gains.
H2: Disadvantages of Investment loan:
Some of the investment loan disadvantages are
• Rental income may not cover loan repayments, leading to out-of-pocket costs.
• Higher interest rates mean increased costs.
• Tenant vacancies can be costly.
• Property values can decrease.
• Entry and exit expenditures, including stamp duty and selling fees, are very high.
H2: Costs of an investment property
Please keep in mind that in addition to the interest part of your repayment, there are additional ongoing costs. Some of them are mentioned below.
- Council and water rates
- Building insurance
- Landlord insurance
- Body corporate fees
- Land tax
- Property management fees
- Repairs and maintenance
H2: Rental Income from an investment property
Buying an investment property in an area you are familiar with is essential. It is advisable to buy in an area with high rent, low vacancy rates, and higher growth.
H2: Where to buy an investment property?
Did you know that rental Income, or even proposed rental Income, can be used to help service your investment property loan? Banks consider rental Income when evaluating your borrowing capacity. They may obtain a rental valuation alongside the property valuation or a rental appraisal from a real estate agent to specify the potential Income.
We will help you find the best lenders and loan products from multiple options. Funding Fox aims to secure an investment loan with lower interest rates and fees that meet your needs and goals. We consider your future investment strategies to choose the right lender and loan products for your situation.