BROKER EXPLAINS: Three Borrowing Capacity HACKS & How To Get Best Property Loan 🏘️

Australian Property investing is a game of FINANCE. 🛑 This means you need to master your LENDING STRATEGY, way before you start shortlisting suburbs or properties. 💡 To help us, in this episode Mortgage Broker Colin Rice shares three top tips to improve BORROWING CAPACITY by hundreds of thousands of dollars. We also learn essential strategy around: 👉 Cross-securitisation & why it's bad? 👉 How to reduce your interest rate? 👉 How to value property properly? 👉 Best bank to borrow in a trust? 👉 How to Avoid Lenders Mortgage Insurance (LMI)? 👉 Go to bank directly or through mortgage broker? 👉 Do you need to cut costs before getting a pre-approval? 👉 What's the deal with Bank of China? 👉 How to find an excellent mortgage broker? Don't miss it! #borrowingpower #loan #mortgagebroker Chapters: 00:00:00 - Juicy tips to improve borrowing capacity 00:04:47 - Creative Financing for Property Investment 00:09:12 - The Risks of Cross Collateralization 00:13:21 - Cross Collateralization: What You Need to Know 00:17:53 - Understanding Mortgage Obligations and Valuation Procedures 00:22:41 - Differences in Borrowing Capacity Calculation 00:27:34 - Regulations and Compliance for Mortgage Brokers 00:32:08 - Understanding Hem Figures and Lender Regulations 00:36:46 - Asking the Right Questions to Find a Broker 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 👉 https://consultingbypk.com.au ❤️ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES 💡 Private Facebook Group With Over 50,000 Clients & Investors 👉 https://bit.ly/3dCSefm 💡 Top Ranked No "BS" Podcast On Spotify/ Apple Podcasts/ Google 👉 https://bit.ly/3UAetTK 🎬 MUST WATCH VIDEOS 💡 How I Built My $12,000,000 Property Portfolio By Age 33 👉 https://bit.ly/3zj0f0f 💡 How I Bought My $3,000,000 Dream Home Debt Free 👉 https://bit.ly/3Skrzms 💡 My Portfolio & Net Worth Break Down 👉 https://bit.ly/3Zu4sZN 💡 Buy Property Now Or Wait? 👉 https://bit.ly/3r6B8cI 💡 150+ Client Interviews 👉 https://bit.ly/3S9FITI 📥 MESSAGE ME! 💡 Instagram 👉 https://bit.ly/3SpC4ET 💡 Facebook 👉 https://bit.ly/3dEvHyO 💡 LinkedIn 👉 https://bit.ly/3ByOweG 💡 TikTok 👉 https://bit.ly/3RchwhX 💡 X 👉 https://bit.ly/3IJwgE5 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; • We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information; • 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; • The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances; • We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer. #PropertyInvestment #PassiveIncome #Australia #RealEstate