The more finance you can get when buying an investment property the better the asset you can purchase.
In this episode we talk about some great strategies on how to decrease your liabilities and get a larger amount to finance your property investment.
Episode Highlights;
- Income stability equals predictability and why banks love this.
- Canceling and paying out debt & how that affects your borrowing capacity
- How to decrease your interest rate on your bad debts
- Ways you can earn more money to increase your borrowing capacity
- The effects gambling has in the eyes of the lenders
About The Hosts
Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.
Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.
The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.
Resource Links
➥ Property Pals Website - https://www.propertypals.au/
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources
Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.See omnystudio.com/listener for privacy information.
