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Chelsea Burton

General Manager, Crown Money Management

Chelsea is a senior broker at an independent mortgage broking firm used exclusively by The Property Mentors specialising in investment property loans. Her experience and commitment to finding the right loans for the right people makes her an asset to any investor's team.

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How to increase your borrowing capacity

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.

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Breaking the bank of Mum and Dad: Should you borrow from your family?

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.