How To INCREASE Borrowing Capacity In Australia - 11th TIP at the end of video will blow your mind!
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- เผยแพร่เมื่อ 23 ก.ค. 2024
- Borrowing power is a term used to describe the loan amount a lender is likely to approve you for, based on your financial situation. Having a higher borrowing power means you can build a larger property portfolio and a larger Passive Income.
So how do people keep buying properties one after another?
Watch till the end to decipher the code!
0:00 - Intro
2:07 - Finding the right Broker.
3:23 - Why Experienced Broker
4:39 - Brokers Specialized in Investing
5:44 - A good Broker should have Internal Staff.
7:27 - How to Maximize Serviceability?
8:28 - Reduce your Credit Card limit.
10:01 - Clean your Credit History.
10:56 - Roll your debts into one at a lower rate.
12:18 - Reduce your Living Expenses
14:08 - Fixed Loan or Variable Loan
15:39 - Finding a good broker
17:30 - Have a Genuine savings
18:38 - Raise your Income levels
20:30 - What are Common Debt Reducer Loans?
24:08 - Self-Managed Super Funds
25:14 - Build Positive Cash Flow Property Portfolio
29:52 - Anyone can build a 2 Million dollar Portfolio
33:43 - Renting shares strategy
35:02 - Conclusion by PK
36:25 - Conclusion by John
LEARN MORE 👇
💡 I Help People Achieve PASSIVE INCOME Through Property Investing Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, WITHOUT Wasting Months Doing "Research", Spending Weekends At Inspections OR Dropping $15k On Buyers Agents Each Time 👉 consultingbypk.com.au
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DISCLAIMER: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
• Any information provided by us is provided as general information and for general information purposes only;
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• We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer;
• The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant;
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#PropertyInvestment #PassiveIncome #Australia #RealEstate
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❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES
💡 Private Facebook Group With Over 40,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty
💡 Top Ranked No "BS" Podcast On Spotify/ iTunes/ Google 👉 consultingbypk.com.au/podcast/
Excellent vid guys! lots of valuable information! Thanks 🙏🏻
Brilliant clip!!!! Learnt soooo much Ive never heard before. Great content.
Amazing video Pk and John. Hope to see you again.
Thanks PK and John for sharing these golden nuggets. Some amazing insights here to maximise your borrowing capacity and the last tip is a diamond!
So good ehh. Let me know any other topics to cover with him?
One of the best sessions I have watched recently and yeah a big YES from me.
Thanks!
Awesome video.... Yes interested for more deep dive.... 👍🏻
Really informative.thanks PK and John.
Great insightful conversation. Thank you, PK and John. Yes for more, please
Cool!
Some of the points pk was sky rocket I would definitely like to hear more from John thanks pk for bringing in your platform.
Cool let me know any topics.. ?
Yes, please more PK!
Many thanks.
Bri
This is an incredible episode & golden advise. It would be great to watch more episodes, thank you.
Thanks!
Priceless ! Thanks
Thanks mate for such a great session. its yes for more great content like these..
Awesome let me know any topics!
This was gold mate thankyou 🙂
Thank you PK and John, very informative conversation
🙏🏼
Great video, thanks PK and John!
Thanks
Thank you for inviting John. He is very knowledgeable and I hope to see him sharing again soon.
Thanks.. any topics lemme know!
Great stuff. Really appreciate it
Thanks
I watched this two times ... learned more.
Good one! Thanks PK and John...
Awesome let me know any topics you want!
This video is awesome. Having more videos with John would be amazing.
Thank for watching!
Great Episode PK!
Thanks
Very useful information, well done PK✅✅✅
Thank you
Yes! Great value here, cheers guys
Any big points you got from it?
Top notch video, definitely get John back on. YES!
Thanks
Great stuff.
Thank you PK and John 🙏
Hi guys
I was wondering how I increase borrowing capacity to buy another investment property ….
You guys answered me with detailed..nailed it…
Please make one video for us with bank valuer or private valuer to understand how we increase house value for refinance …please keep up 🙌🙌🙌🙌👍
You've got that smiling, happy voice like Michael Jackson lmao. Legend. I enjoy listening to you lol. Great advice as always, appreciate the content and love your style brother.
Excellent value here John and PK
Thanks for watching, did you get to the last point of “professional investor borrowing”?
This was a great video PK… would love to see John back… interested in SMSF and subdivision info from financial perspective… thanks PK for bringing these awesome content…
Ok for sure!
Great content!
Awesome let me know any topics you want!
Yes great information
Yes, great video 👍
Great info. Yes
Thanks OK. Good conversation. Just now I found this old vedio.
Deep dive into assessment rates please 🙏🙏
Yes thank you PK!
Very good information
That was absolutely Priceless! Thanks PK and John, Even though I own 3 properties and still am learning a lot of basics from sessions like this. One key takeaway was keeping all the loans at Fixed rate.I haven’t finished your video completely but I just thought I will pen this down before I forget. Yes yes and a Yes another session of JOHN AND PK video is valuable . I would like to hear more on SMSF home loans. How easy are they to procure? What is the process?
Ok awesome. The last tip is gold.. tell me what you think!
@@AusPropertyMasteryWithPK if you are referring to positively geared properties for a 2 million portfolio as last tip is absolutely Platinum! I loved this video so much. Will be going through it second time, it’s inspiring.
well explained on common debt reducer.
Hey PK it would be really helpful if you could actually mention the date at the beginning of your podcasts. I just helps when you know if the information is recent or might have changed ie interest rates or property cycle etc
Yes! And PK you rock
🙏🏼
Yes for more please.
First time coming across you PK, and I love your humility, honesty and integrity. Its very rare in this industry. I work as a Real Estate Agent down in Melbourne and I pride myself on those above points to. I'm interested to learn more about your course
Thanks mate, means a lot.. 🙏🏼
You can learn more here: consultingbypk.com.au/
@@AusPropertyMasteryWithPK Thanks mate, and my absolute pleasure. I'm keen to learn strategies to build my portfolio for my families future and to create that passive income. I'll check out the link. How do I contact you afterwards as I'll have questions ha ha :)
@@stevoCdownunder just email :) email addy is in the website
Yes, time for another episode with John please
Watched all of it!!
Did you learn something new?
Hey ok, great video, I think you should mention in your next video about smsf for property that you can’t take equity out of your property with a smsf. And that a bare trust must be setup for a single property, cannot be more than 1 property.
Awesome vid, and John is amazing. Please bring him back with current market conditons and pressures and broker insights. His last few points were gold to me!
Good conversations
Thanks guys
Just a question for John if you can through your comments on getting a loan from big 4 banks vs private lenders. Is the private lenders are reliable to deal with on the long run.
Thanks
BIG YES
Great episode PK enjoyed this on my morning walk. He is a great mortgage broker. Definitely ask him back :)
Thanks!
Great Video.... Good Tips. Thanks PK & John. I have two question for John - For couples is it better to buy IP separately to maximise each persons the borrowing power ? Also how the finance part work for Granny Flats or building second House/Unit (Subdivision) ?
We’ll cover this for sure.. first one though.. yes it’s better to buy separately often
Good session. YES from me.
Ok!
Yes
Yes elaborate on these strategies with EXAMPLES so we can understand it with some numbers if possible. Just examples
Hi John is the lender that you spoke about still aggressively looking for investor loans?
Would love to explore more on common debt reducing loans
That is amazing
Awesome let me know any topics you want!
Yes please about equity lock .
Yes, please
As someone who owns 8 investment properties, I can echo the difficulty experienced with lenders and their crazy requirements ...... some good info here people, listen & learn.
🙏🏼
Afterpay is something that you can use to buy something in the future so how can the bank account for that ?
Yes, Yes, Yes.
YES
Deep dive common debt reducer loans please 🙏
PK does John do financial approval?
Yes please
Yes!!!
Cool any topics?
Great value…I’d love to apply this to a 60 year old who wants to now invest in the property market without using her equity in her property but has a 20% cash deposit??
Thankyou
Thanks!
Hi PK, how can I get in touch with John please?
After two to 3 houses if the debt to income ratio touches 50% banks don't lend, what's the best way to solve this problem? Considering we have maximized our earnings and minimize our expenses.
any specific set of strategies of investors who have a 'bigger bad debt' and a couple of investment properties? Eager to buy another one but would like to know how to create that balance. We want to invest BUT the Big Bad Debt bites........!!!
Yes please PK. More content about this.
Especially the "Common Debt Reducer Loan".
My husband is a student of yours. He and his friend has our house invested together 2018 but their broker makes his friends own house like a guarantee of the loan..Now when I buy his friend out for our place. My husbands name is still attached to his friend's house. And his friend cannot refinance his own house to get my husbands name out of the guarantor due to financially not capable. So I am very interested on how can I get more borrowing capacity.
You cracked me up at indians and italians are the same because they're sweaty. Thanks for the videos
Yeah
Yes bring him back
Cool any topics?
Which lender lends on a positive cashflow property and then the next etc without serviceability or debt to income ratios from the rest of your portfolio?
I would suggest get in touch with John
@@AusPropertyMasteryWithPK ok like to share contact details?
Hi PK. Would love to get in touch with John. May I know what is the best contact to John? Thanks!!
Following
I am going for my partner visa with my Australian gf. And in progress moving down to australia. I make a good living overseas and I want to enter real estate market asap. Can I get a loan ?
I'm sorry but @johnmanciamelli is wrong at 14:14! There is no lender in Australia that will take actual loan repayments with no buffer applied in their servicing calculator just because a loan has a fixed rate. The statement by John is completely incorrect. I think what he meant to say is that the lower fixed rate of say 2.5% fixed vs a variable rate of 3% makes a difference to overall serviceability WHEN THE BUFFER IS APPLIED as the lenders will apply the buffer to the fixed rate of 2.5% vs a 3% variable rate + buffer.
No doubt he covered his tracks when he mentioned that "at some point the lenders I'm talking about will have changed their policy when this comes out in the future" - lost all credibility with me when he said that @ 20:07
Hey can you turn off your notifications when recording 😃
yes
can anyone still buy cash flow positive property when interest is now approx 5%
It’s harder but possible
@@AusPropertyMasteryWithPK House or is it some other type of housing?
Hi PK could I get John company name so I can get in touch with him and I really appreciate this video well done.
Regards Domenico
Google :)
👏👌👍💰😎
🙏🏼
Pls discuss about covered calls in ASX
Literally nothing to do with this topic
Hi pk , where i can contact jhon ? Can you plz give his details? Thankx
I’ll share next time!
Hi Lakhwinder. I can be reached on john@hunterwood.com.au. Thanks.
Excellent video. Thanks to you and John for sharing your knowledge 👍.
how do i contact Jonh?
I’ll share next time
Hi Nelson. I can be reached on john@hunterwood.com.au. Thanks.
Am I able to get john's contact details at all?
Points
Sweaty.. not sure abt that 🤣
Yes. Take on more debt just when rates are at rock bottom. What happens when rates go up? I know. You lose everything!
Thanks for the comment
You raise the rent
Yes
What is Johns's full name and contact details? Please let me know
What mistakes did John make .. I bet I can top him
Hairy? Sweaty? I’m completely insulted.
Thanks PK, do you have John's details to contact him for brokering services
vay.fyi
super
Yes
YES
🙏🏼