Three Borrowing Capacity HACKS

Australian Property investing is a game of FINANCE. 🛑 This means you need to master your LENDING STRATEGY, way before you start shortlisting suburbs or properties. 💡 To help us, in this episode Mortgage Broker Colin Rice shares three top tips to improve BORROWING CAPACITY by hundreds of thousands of dollars. We also learn essential strategy around: 👉 Cross-securitisation & why it's bad? 👉 How to reduce your interest rate? 👉 How to value property properly? 👉 Best bank to borrow in a trust? 👉 How to Avoid Lenders Mortgage Insurance (LMI)? 👉 Go to bank directly or through mortgage broker? 👉 Do you need to cut costs before getting a pre-approval? 👉 What's the deal with Bank of China? 👉 How to find an excellent mortgage broker? Don't miss it! Discussion Points: 00:00: Introduction 02:54: How lenders assess your rental income 05:00: Maximising opportunity through alternate lenders 09:30: Go with the right lender to access equity 12:19: Answering your questions on borrowing capacity 26:15: LMI exceptions, spending when buying & more 35:45: Asking the right questions to find an AMAZING broker 39:30: 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: Watch FREE Trainings On Our Website 👉 https://consultingbypk.com.au/ Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors 👉 https://www.facebook.com/groups/passiveincomethroughproperty Watch No Nonsense Property Market Insights On Our YouTube Channel 👉 https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta Disclaimer: No Legal, Financial & Taxation Advice The Listener, Reader or Viewer acknowledges and agrees that: Any information provided by us is provided as general information and for general information purposes only; We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information; We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer; The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant; The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances; We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer. See omnystudio.com/listener for privacy information.