Converting a family home to a duplex or multi-dwelling development is one of the property market’s big secrets. While affordability becomes an issue across large Australian metropolitan cities, being able to unlock a family property’s financial potential, and tap into significant demand at the same time, can be a very smart move.
Promoted by Mortgage House.
The benefits of a bigger down payment can’t be denied: smaller monthly payments, more lenders willing to partner with you, mortgages at a lower interest rate and paying less total interest over time. But if you haven’t saved the usual 20% of your desired investment property’s purchase price, there are still ways you can successfully apply for an investor loan.
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