This week, mortgage expert Chelsea Burton joins us to discuss the current and future state of property lending in Australia. We'll discuss what to consider when borrowing at different stages of life and how the changing economic landscape with impact your borrowing capacity into the near future.
With possible interest rate drops on the horizon, many investors are wondering what this means for the their lending. This episode provides an invaluable overview to what you should be considering when looking to buy your next home or investment property.
If you'd like to see how Chelsea and the team at Crown Money could help you grow your portfolio visit: https://www.investorintelligence.com.au/mortgages
This week I'm joined by the General Manager at Crown Money Management Chelsea Burton to discuss the power of leverage and how we can best use borrowed money to grow our portfolios.
We discuss the difference between good debt and bad debt as well as some crucial tips on how you can make the most of your existing borrowing capacity. If you're thinking about or are in the process of growing your portfolio, optimising your finance strategy is essential in making sure your money is working hard for you.
These days, getting onto the property ladder can seem like an insurmountable challenge with rising costs and stagnant wages making it difficult to save up for a deposit. For many fortunate people, this is where the Bank of Mum and Dad steps in, as parents and family members provide financial support to help their loved ones achieve their goals. But is it as simple as your family gifting you money, or is there more to it? To answer that, I invite mortgage broker, Chelsea Burton and investment expert, Luke Harris to talk about how this arrangement works in practice, the benefits and drawbacks for both sides and some of the realities of relying on family support in today's challenging financial landscape.
