Property Investment Finance - Australia

PARRAMATTA, Australia - May 6, 2016 - PRLog -- It is still very evident in Australia today that a highly commercial environment still exists for investors who are looking at buying and financing real estate investment property. So, if you are a new investor or seasoned investor and you are looking at owning investment real estate property or buying retail or commercial properties, then building a property portfolio with real estate property investments should help you achieve your financial goals.

Property Investment Finance Structuring

Whether you simply need a home loan, or have advanced "trust" structuring or company lending you will find that your real estate property investment will need finance structuring. However, many mortgage brokers and bank lending officers do not have the required comprehensive knowledge and expertise to ensure that your property investment finance structure is set up correctly (i.e. particularly if you are also financing the arrangement under a "trust" structure or company lending).

Seek Expert and Professional advice

You should take time to seek professional advice from a professionally qualified finance broker who will have the expertise to ensure your property investment finance structure is set up correctly.

To help you during the decision process, here is a list of things to consider and which you should discuss with your finance broker:

Your Borrowing Power - To help you determine the amount of debt you can take on, your finance broker will be able to determine the extent of your borrowing power (i.e. ascertain how much you can borrow?), or you can use this "Borrowing Power Calculator" to work out for yourself -  how much you can borrow?

Loan Comparisons - To help you make simple loan comparisons your finance broker should provide you with a list of finance products and options.

Rental Income - You should discuss with your finance broker how rental income can cover the total costs of your investment property.

Purchase Costs - You should consider some of the typical purchase costs, such as loan establishment fees, conveyancing costs and stamp duty. Lenders Mortgage Insurance (LMI) premium can also be payable if the total amount you are borrowing is more than 80% of the total security value of your property.

Property Investment Strategy - To devise a suitable optimum property investment strategy, your finance broker should understand your financial position by working closely with your accountant and solicitor.

Loans Under Trust - Your finance broker should be able to help you in choosing the best "trust loan" option.

Useful Tips

Now you have read this article you should know how choosing an experienced and professionally qualified finance broker can help you to create a successful and highly efficient property investment funding structure. Here are some useful tips that you should also consider:

Taxation and Legal - Speak to your accountant and solicitor to take advice regarding:

• Financing under a "trust" structure as trusts can provide advantages like asset protection and tax benefits
• The benefits of negatively gearing your real estate investment property
• The range of property investment tax deductions you may be able to claim

Personal Income and Expenses Budget - Determine the extent of your financial situation, by establishing a budget of all of your income as well as working out all of your expenses. To help determine your own financial position you can even use this "Budget Planning Calculator".

Find a Suitable Property - Have a clear idea of the type of real estate investment property you want to buy and its location.

Pre-Approved Finance - Discuss the possibilities of pre-approved finance with your finance broker because pre-approved finance gives you the peace of mind knowing that your finance has already been assessed.

Remember, to keep these "tips" in mind as they can help to secure a successful investment property deal.

http://www.singhfinance.com.au is a reputed Australian finance brokerage firm that employs a team of expert and professionally qualified finance brokers. Their team of expert finance brokers will obtain a pre-approved real (http://www.singhfinance.com.au/residential-finance/invest...) estate property investment loan for you. They will also check if you need trust structures or insurance to be arranged. To make sure your assets are covered, and you are saving tax. Call on 0424 190 908 today or visit the website and simply click on the "ENQUIRE ONLINE" form.