This blog is meant to awaken you to “where the money is”.
You may feel in despair that you cannot possibly begin a property investment portfolio, your salary and debt repayments are choking your investment dream.
You may be oblivious to the fact that- having paid a mortgage for a few years has given you some access to capital that can be utilised to begin a property investment portfolio.
Whenever we speak about a house being an “asset”- It REALLY is. Here are a few examples of why a house is an asset:
Having said that- we at SHARE YOUR WEALTH are about educating and enabling you to kick start your property investment portfolio.
I am even tempted to boldly state that: “There is no value in paying off your bond- if you don’t use the equity sitting in of that mortgage”
Here are the various ways you can utilise your existing bond, to begin an investment portfolio
Restructure your home loan:
The BLOG-POST is obviously a snapshot of what is possible. For you to take action- you would require to speak to a smart Bond Originator/ Your local municipality office, Real Estate Professional or even a Conveyancer and the mortgage section of the bank. Do not be satisfied with a NO. My experience has been that- most of the above professionals may not be familiar with the terms and will tell you that it is not possible.