How to buy property without a deposit using other people's money!
This current property market can make it frustrating to save a big enough deposit, especially if you’re paying rent whilst trying to save.
This episode explains a way to get around having to save a deposit, and how to get a property sooner!
Discussion Points:
00:00: Introduction
01:44: Breaking down how a guarantor loan works
03:33: Making use of equity as a guarantor
04:35: Paying it all back: releasing the guarantor
06:25: Why leveraging other’s money makes sense
08:09: 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:
Disclaimer: No Legal, Financial & Taxation Advice
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