In this episode, we discuss the hidden risks of changing your position while you've got a new build underway. This question comes from a property investor who listens to the show, who has been told by their mortgage broker that they need to be careful about changing their position.
This is generally because when an investor signs a contract to purchase a new build, their pre-approval from the bank may lapse before the property is complete. That means that the investor will need to reapply for the lending.
But, not all investors need to be wary of changing their position ... listen to the podcast to find out why.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to podcast@opesparnters.co.nz and we'll put you in the draw.