Conflicting advice about financing an investment property? You hear one story from your accountant. Another story from well-meaning friends. And a completely different story from real estate agents. Sound familiar? Many of my clients have experienced it too. The problem is, when you follow the wrong advice, that investment golden goose can turn into a […]
Have you ever had that feeling that you’re drowning in debt, that your finances are in a real mess? Well, debt consolidation may well be the answer Consolidating your debts will in most cases reduce your overall monthly repayments and allow you to make one monthly repayment instead of several because you’ll be dealing with […]
Use your equity… This one is a little left of centre, considering in previous posts I have been showing you ways to reduce debt. Now, I am going to suggest borrowing more, ultimately to reduce debt. When I first entered the world of finance broking, I would hear stories about people paying off their loan […]
Ten questions to ask a mortgage broker Using a mortgage broker to help you choose a home loan can save you considerable time and could result in huge savings. However, before you decide on a broker, you need to make sure they’re going to meet your needs. Here are some questions to ask. 1. How […]
Did you know that $1,000 extra on your Credit Card limit can reduce your borrowing capacity by up to $5,500 with some lenders? This can mean the difference between owning a property and not. Let’s assume our client, Ian, earns 80Kpa. and has a credit card of 10K, no other debts and is single…Now, let’s […]
