For many of the prospective homebuyers we talk to, the deposit is the biggest barrier to purchasing a property. Fortunately, in some cases, it is possible to use your rent as a part of your deposit. Find out more here.
When it comes to saving for a property purchase, getting to a 20 per cent deposit is the goal that most people strive for. That can be a lot of money if you are just starting from scratch,. so, how do you go about saving up a deposit?
Many would-be investors find themselves asking the following question: How do I access the capital or the expertise I need to make an investment? For some investors, co-investing with a partner is a great solution.
Among the Australian start-ups making it easier to buy a home as an income-producing property, there’s us (of course!), as well as platforms like CoVESTA, BrickX and DomaCom. Let’s take a look at these.
While a leap of faith is undeniably required for first time property investors, those who undertake the appropriate due diligence and have the financial capacity to invest will almost certainly reap the rewards.