EP: 2469
The Bank Said No ... They Got The Deal Done⎟Ep. 2469
Most investors think they need a 30% deposit to buy an investment property. But that's not always true.
In this episode, Ed and Andrew sit down with mortgage adviser Robert Cross to unpack the lending options available to investors with smaller deposits – including how some buyers are getting into investment properties with as little as 10% down.
You'll learn:
- How to buy an investment property with a 10% deposit
- The non-bank lenders saying YES when the big banks say no
- The most common reason a bank says NO … and how to get the money anyway
The surprising part? A "no" from one lender doesn't always mean you're out of options. Sometimes it just means you're talking to the wrong bank.
And if you want to talk to Robert, or any of the other advisers just reach out to Opes Mortgages for a free meeting.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.