“It's not only about the interest rate, the lowest interest rate that people keep focusing on, thinking that all banks are equal. But there's more behind the curtain. There's more to the picture, more to the story.”
Episode Takeaways:
✅ Strategic lender selection is vital for maximising borrowing capacity and achieving growth in property investment.
✅ Lenders vary significantly in how they assess income components such as bonuses and commissions, impacting overall borrowing potential.
✅ Effective management of liabilities like credit cards and loans is crucial for enhancing your borrowing capacity with lenders.
Timestamps:
00:00 - Understanding Borrowing Capacity
03:27 - Tax-Free Income and Self-Employment
05:21 - Probation, Casual Income, and Contracts
08:08 - Liabilities and Living Expenses
11:47 - Employee Share Equity and Voluntary Super Contributions
14:15 - Investment Property Expenses and Lender Policies
15:34 - Strategic Lender Selection and Opportunity Cost
22:26 - Valuation Shopping and Repayment Types
23:55 - Adapting to Changing Lending Climates
26:20 - Conclusion and Final Thoughts
Meet The Property Twins
The Property Twins, Sana and Mona Ali, are identical twins from Sydney who began investing in real estate at 24, building a $5 million portfolio before turning 30. Driven by a lifelong passion for property, they left corporate roles in 2017 to establish Property Twins, a mortgage brokerage and buyers agency. Their mission is to help Australian professionals achieve home ownership and build wealth through property investments.
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DISCLAIMER: No Legal, Financial & Taxation Advice
Property Twins channel contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. Past performance is not a reliable indicator of future performance. The projections are for illustrative purposes only and are not an estimate of the investment returns you will receive or fees and costs you will incu
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