Friday Jun 09, 2023
Episode #59 - Financing Innovation & Building a Property Portfolio
On this Episode Rich Harvey is joined by Theo Chambers - CEO of Shore Financial He will be sharing his valuable insights and incredible financial knowledge.
Join us as we discuss how can you build a sizeable investment property portfolio over time and get your dream home on a limited budget!
Getting financial approval is one of the biggest challenges facing home buyers and investors looking to secure their next property. With interest rates having returned to a more normalised level in the high 5% range borrowers are finding it exceedingly difficult to achieve the same level of borrowing capacity that they could 12 months ago. At the same time, the property market is now rising once again and in recovery mode, driven by a surge in migration, a serious under supply of property and a chronic shortage of listings.
What are some of the practical and innovative ways that you as a borrower can use smart financing strategies to secure not just one property, but multiple properties over the years ahead and take advantage of a rising market?
Our Thought of the Week:
“Definiteness of purpose is the starting point of all achievement.” –
W. Clement Stone
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