What’s new and who is offering what in REAL ESTATE INVESTMENT FINANCING and asset management in Australia.
FINANCE FOR PROPERTIES
Many investors can tell horror stories of incompetent or unreliable finance brokers and that includes the major banks themselves.
If you buy a property and cannot complete on time it will cost you money. I have lost thousands over the past five years and all because the financier I used was either too busy or just down right incompetent.
When you get past $2 MILLION worth of investment properties you will possibly not be able to service the loans.
Serviceability, this is the terminology used by the banks and you will find it impossible to get a normal bank loan when you get past a certain point in your borrowing. This is when you will need the services of a reliable mortgage broker who can search around for a loan for you.
If there were just one advantage to any property investor using this web site it would have to be this information and the introduction to my broker Alex Ippolito.
When the bank says NO telephone Alex or if you are smart forget the banks and go directly to Alex.
Alex Ippolito,Principal, Allied Financial Management