Investment Property Loan Specialist in Sydney

Investment property loans play a crucial role in helping individuals achieve their financial goals through real estate investment. Whether you’re looking to purchase residential or commercial properties for rental income or capital appreciation, obtaining the right loan is essential. At Local Finance Guru, we understand the unique complexities and requirements of investment property finance, and we are dedicated to providing expert guidance and support to help you navigate this competitive market with confidence.

What is Investment Property Loan

As a prospective first-time home buyer in Sydney, you are expected to provide a maximum down payment of 5 per cent towards your property purchase. While you may not be eligible for the first-home buyer’s credit, there are potential tax benefits available through Mortgage Credit Certificates (MCC).

Additionally, the First Homeowner Grant (FHOG) offers a valuable opportunity for first-time home buyers. Through the FHOG, you can receive up to $10,000 provided by Revenue NSW, which can be used towards the purchase of a property valued up to $600,000 or for building your own property with a value of up to $750,000.

To qualify for the grant, you need to meet certain eligibility criteria, such as being at least 18 years old and providing documents to prove your Australian citizenship. While the grant can be used as a portion of your deposit, it’s important to note that you will still need additional savings as the grant alone is insufficient to cover the entire deposit. Another requirement is that neither you nor anyone you are purchasing the property with should have a history of previous property ownership.

Things to Consider Before Investing in a Property in Sydney

Much like any owner-occupier loan, the process of obtaining an investment loan follows a similar process. However, lenders tend to be pickier and have slightly different eligibility criteria due to the increased risk. Here are a few things that lenders look for in an investment property loan applicant.

  • Investments history: How well you have handled previous investments

  • Credit score: Whether you have unpaid debts or defaults

  • Assets and liabilities: The kind of assets you own and if you have any type of debt.

  • Purpose of investment: Do you plan of flipping or will you have tenants?

  • Running costs: Will the property have management fees, council rates and maintenance fees?

  • Borrowing power: The expenses you have and your debt-to-income ratio

Investment property loans are a significant financial decision that requires careful planning and consideration. At Local Finance Guru, we will help you understand and meet the following criteria along with other investment-specific points.

Before investing in a property in Sydney, consider the following factors:

  • Location and Market Trends: To select the ideal location for your investment, research the area’s growth potential and rental demand, aligning it with your investment goals. Our experts have in-depth knowledge of the Sydney property market, providing valuable insights into emerging investment opportunities and growth areas.

  • Financial Viability: Assessing the financial viability of an investment property requires careful analysis of potential rental income, expenses, and cash flow projections. Our specialists conduct thorough financial analyses, helping you evaluate the feasibility of your investment by assessing cash flow, potential returns, and overall financial viability.

  • Property Research: Conducting comprehensive property research is essential to identify any risks or issues that may affect your investment. Our property investment loan specialists can assist you in conducting comprehensive property research. We have access to data and resources that can help identify any potential risks, such as property condition issues or legal complications.

  • Tax Implications: Understanding tax deductions, capital gains tax, and potential incentives will help you to make informed decisions. We can devise tax strategies tailored to your investment, helping you optimise tax benefits and minimise tax burdens.

Buying house
Property buying

Investment Property Loans Process with Local Finance Guru

Our professional team is dedicated to assisting you in navigating the complexities of securing a loan for your investment property. With our expertise and extensive network of lenders, we strive to provide you with a seamless and tailored experience to help you achieve your investment goals. Here are the steps involved

  • Requirement Assessment: Our loan expert will meet with you to understand your needs and goals, ensuring we offer the best solutions. You will need to consider the source of your deposit, whether it’s from the equity of your existing home or savings.

  • Research and Options: We conduct thorough research to provide you with a range of tailored recommendations from our extensive network. Our team will help you determine the type of investment and gearing strategy that will suit your needs.

  • Recommendations: Different types of loans for investment property have different features and benefits. Our professionals will help you understand the available loan options along with their features. We will help tailor your investment loan to suit your needs and budget.

  • Processing and Disbursement: Once you’ve selected a lender and loan product, we negotiate on your behalf for premium interest rates and flexible repayment options. On settlement day, you will finalise the purchase of the property. Throughout your investment property journey, our experienced property advisors will ensure a safe and smooth process.

Why Choose Us?

Choosing the right team will help you quickly secure a mortgage for investment property. At Local Finance Guru, we strive to secure investment property loans with the help of our experienced investment property loan specialists in Sydney. Here are a few reasons why we stand out from the rest.

  • Low-interest rates: Our extensive network of lenders enables us to negotiate exceptionally low-interest rates tailored to your application’s strength.

  • Easy repayment options: We understand the importance of manageable repayments. Our team works diligently to find loan products that offer easy repayment terms, ensuring a smooth and stress-free borrowing experience.