In this episode of That Backyard Property Podcast Miniseries, we delve into borrowing capacity, sharing insights on how to enhance your potential without raising your income. Learn about reducing liabilities, leveraging trust lending, choosing the right banks, and understanding policies that can help you borrow more efficiently. We also discuss the importance of being comfortable with debt and the role of an investment-savvy broker in your property journey.
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Chapters:
00:00 Introduction to Borrowing Capacity
01:03 Credit Cards, Loans, and Their Impact
01:56 Hex and Recent Policy Changes
03:09 Trust Lending Explained
05:20 Choosing the Right Bank
07:25 Additional Factors Affecting Borrowing Capacity
08:20 Summary and Final Thoughts
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Produced by Podwave Studios
#Borrowingcapacity #Realestate #MichaelKilliner #PodwaveStudios
