We’ve created this cycle diagram to illustrate how you simple it is to build your own property portfolio, by repeating three simple steps, as the property market grows.
Many people dream of having no mortgage, while others know that making a profit from the bank’s money can be a very smart investment.
Step 1 - Use equity in your existing property to purchase a rental property.
Step 2 - Wait for value in your properties to rise, then revalue.
Step 3 - Use new valuation to prove additional equity exists - Borrow more from bank.
Step 4 - Repeat step 1.
This is a simplified example, and property investment carries risks and complications that need to be considered before you invest in a rental property. We recommend speaking to an independent financial advisor, who can consider the suitability of property investment for your own personal circumstances.
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