How To Use Equity To Buy Multiple Houses
Description
CASE STUDY: How To Use EQUITY to Buy More Houses
Hear how Sydney IT Professional, Vinay Ranganatha, is using equity, rather than savings, to buy multiple properties!
🏠 He's bought two properties over the last 8 months and I'm very proud to call him a client of the Property Investment Accelerator!
💰 In this episode we deep dive into the process, mechanics and rationale of equity harvesting, including how to find a mortgage broker to do this
📈 Vinay shares every detail about how he used only equity to buy his second property from the quick growth of his first property
💸 Amazingly, despite using equity his household cashflows and interest bill was completely unaffected - learn how!
🤝 Vinay also explains why he decided to diversify away from mutual fund investments, his latest Perth property market update and how he negotiated to get thousands off his deals.
All investors serious about scaling their property portfolio should tune into this one ✌️
Discussion Points:
00:00 : Introduction
02:20 : The search for safe investment opportunities
05:50 : A low margin of error in Aus property market
08:30 : Ground-level insights in Western Australia
14:01 : A deep-dive into equity extraction
27:02 : Paying LMI again for more equity
31:44 : Top Tips: competitive interest rates & finding a mortgage broker
39:03 : Time is money: negotiating to get a deal!
44:00 : Advice for building wealth & fencesitters
47:17 : Conclusion
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Watch FREE Trainings On Our Website 👉 https://consultingbypk.com.au/
Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors 👉 https://www.facebook.com/groups/passiveincomethroughproperty
Watch No Nonsense Property Market Insights On Our YouTube Channel 👉 https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta
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