Property Now
How much income do you need to buy an investment property?
One of the banks' main tests to see if you can afford an investment property is your UMI (uncommitted monthly income)...
Bascially what you earn at your job.
So today, we'll be going through examples of what incomes Kiwis need to earn to buy an investment property.
Ok, now for the legal bit:
The information and opinions on this channel are for your general information. It’s not financial advice. So the hosts aren’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.
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