Finance for investment properties can be very tricky to understand. In today’s WOD we look at applying for loans; should you be looking at fixed terms? How does your loan affect accessing your equity? Can banks share information and how your credit file affects your loan application.
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Written by Matthew Lewison
Blindly accepting that prices will double every 7 to 10 years leads people to make grave mistakes with their investments. Nobody has a crystal ball that tells them the exact dollar value of a property 10 years from now, but that doesn’t mean that smart investors can’t establish reasonable grounds for predicting the direction and strength of market movements in the short to medium term.