Are you in the market for an investment property?

Tuesday 22 September, 2020

Buying (or building) an investment property is a big step, so it’s important to look at your circumstances to ensure it’s something you’re able to afford. Your first port of call should be your local finance broker (hey, that’s us!).

At Finance Brokers Tasmania we have helped thousands of clients build their property portfolios in our 35 years of business. It’s a careful and thorough process, and not something we take lightly – we look into your individual circumstances and offer sound advice to ensure you’re not going in above your head and can afford your repayments, while not losing the freedom to live and enjoy life.

When purchasing an investment property, it’s essential to budget accordingly. Finance Brokers Tasmania will review your assets and liabilities to determine how much you can borrow, which will, in turn, give you a general idea of your target price range, so you can narrow your property search to within your purchase budget.

We often have enquiries from clients looking to subdivide their blocks and build an investment property on their existing land. And with the government grants that are available at the moment, there’s never been a better time to build – you could end up $45,000 ahead!

Whether you’re looking to buy an investment property now, build, or need advice on how to plan for the future – give us a call. We’ll help you create the future that’s right for you.

You might also like...

Finance Brokers Tasmania Hobart Team 10

The loan process equation (or, how much can I borrow?)

When applying for a loan, you’ll hear terms such as “borrowing power”, “borrowing capacity”, and “assessment rate”. But how do they relate? What do they mean? We’ll break it down for you in a simple equation.

Read more...
Finance Brokers Tasmania Loan calculators

Loan calculators

During your research into your financial situation, you may have clicked on our calculator section – and been overwhelmed with the number of different types available! What do they all mean and what are they used for?!

Read more...
Fbt government building grants

Government building grants – an October 2021 update

Homebuyers, builders, and renovators take note! You may be eligible for a government incentive to help you with your dream home.

Read more...
Fbt secured vs unsecured loans

Secured vs. unsecured loans for small businesses

If you’re one of the 37,000 small businesses in Tasmania, you may be looking at obtaining finance to grow your business.

Read more...