Limited Borrowing Capacity? Guarantor Loans Explained - With John and Nicola Kefalianos

Limited Borrowing Capacity? Guarantor Loans Explained   Did you know that there is a way to get into property investing early?   In this episode, John and Nicola Kefalianos discuss various options for first home buyers who may be limited in their borrowing capacity and deposits.   They explore the concept of using a guarantor, particularly parents, to secure a loan without needing a deposit.   The conversation also touches on the possibility of using other family members as guarantors, the risks involved if repayments cannot be met, and the growing trend of friends or siblings purchasing properties together to increase their borrowing power.    They emphasise the importance of having a clear exit strategy when entering into property share agreements.   Click on this episode now to learn how guarantors work so you can get into the property market earlier!Chat with John about how much you can borrow: [email protected] Finance Lab: https://www.financelab.com.au/Disclaimer: This podcast provides general information only and is not legal, financial, or professional advice. Listeners should seek personalised advice from licensed professionals for their individual circumstances. The hosts and guests are not liable for actions taken based on this content. Opinions expressed are those of the hosts and guests, not any official institution.See omnystudio.com/listener for privacy information.