
EP: 2290
They Mortgaged the House to Start a Business – Here’s What Happened⎥Ep. 2290
Most Kiwis dream of starting their own business, but what if your biggest source of startup capital is the home you already live in?
In this episode, Ed and Andrew unpack how some Kiwi families use their mortgage to launch a business, including real stories from around the country.
You’ll learn:
-How to borrow against your house to fund a new venture
-Why over $1.1 billion was taken out of Kiwi homes last year for business purposes
-The hidden risks most first-time founders never see coming
This episode shows how using your mortgage can be a powerful way to become your own boss – but also why.
Looking to calculate and compare your mortgage repayment options? Use our mortgage calculator to find out your potential monthly payments.