Investing in a property is a great deal, whether for a personal purpose, to increase capital or as a part of a retirement plan. Although investment properties are not bought for personal use, owning a property offers steady rental income and potential significant long-term capital growth. However, behind the bigger picture, lots of small and intensive decisions happen that determine the nature of the decision. The options to choose from in terms of lender, Mortgage broker, property types, etc. are limitless, which can be overwhelming and create confusion. 

However, with the right connections, you can grow your capital and get the loans catered to your needs. This blog is catered especially towards first-time investors to provide tips on the best investment property home loans. 

Understanding Investment Property Home Loans

The investment property home loans is the type of mortgage designed for real estate investing. Investment property homes generate income through rent or a rise in capital values. Investing in a property is a great way of investing in a long-term asset whose value increases over time. 

People often mistake investment property with owner-occupied property, but the nature and use of the property make these two different. The owner-occupied property is bought for personal use and not for rental or real estate. However, the investment property is used for things other than personal residence. 

Tips for first-time property investors

If you are looking for an investment property home loans, the chances are you are already overwhelmed and confused. Finding a reliable and resourceful mortgage broker and guidance is a challenge, but with the help of Capital Connection Finance, it does not have to be that way. 

Here are some tips for first-time inventors:

1. Define Your Investment Goals

Before making a big decision, know what you want out of your investment. Investing in a property can mean investing in a residential, commercial, vacation property or land or apartments. Among so many varieties, you have to identify your niche and define your investment goals. 

2. Know Your Borrowing Capacity

Burrowing capacity varies from person to person. It depends upon factors like income, expenses, debt, credit score, and financial history. Understanding your limits and potentials can help you avoid overcommitting and make timely decisions.

3. Explore Loan Types and Features

There are different varieties of loans available to buy a property. Not all investment loans are the same; there are interest-only loans, principal and interest loans, fixed and variable interest rates, along with offset accounts and redraw facilities. Any of these loan types can be the best one for you. Our team at Capital Connection Finance helps you find your perfect fit.

4. Analyze Hidden Costs

Outside of the property cost, there are a lot of other costs hidden in plain sight. Legal fees, stamp duty costs, property management fees, repairs and ongoing maintenance fees, including personal costs, fall outside the property cost. Also, use the investment property loan calculator for accurate numbers. 

5. Get a Pre-Approval Before You Buy

Pre-approval helps determine the final budget and gives you the final call about the property. It will also speed up your buying process and paperwork and avoid unwanted delays. This step is often neglected, but it changes the entire buying process.

6. Work with a Trusted Mortgage Broker

Capital Connection Finance is one of the trusted mortgage brokers in Adelaide. We are legally and morally obliged to provide what’s best for our client. As experienced mortgage brokers in Adelaide, we offer house and property loans at lower rates and deals that no one can decline. 

Why choose Capital Connections Finance for Loans?

Do not just settle for getting a loan because with Capital Connection Finance, you can get the right loan at the right price at the right time. Here is why you must choose Capital Connection for home and property loans. 

• Connection to 30+ lenders: We provide a wide selection of loans from multiple lenders to maximize your chance to borrow the amount you need at the lowest rate.
• 24/7 customer service: Our customer service is operated 24/7 and prioritizes your needs and makes decisions that benefit you the most.
• Every-step guidance:  we offer Personalised advice based on our experience, extensive knowledge and qualifications because we know it’s tricky to land the right property here in Adelaide. 
• Tailored and calculated loans: we provide Access to advanced investment property loan calculator tools for accurate loan assessments and tailor loans accordingly. 

Conclusion

If you are residing in Adelaide or planning to buy a property in Adelaide, Capital Connection Finance awaits you with amazing deals, offers and services. We offer property and home loans for investment property and make every step smooth and functional. A property is a great investment for your future that allows you to reap long-term benefits. However, it is tricky and a daunting process, but capital connections have made it possible and hassle-free. 

Contact Capital Connections for any home and property loan-related queries. 

Frequently Asked Questions