6 Essential Principles to Financing your Property Portfolio
You’ll learn really important considerations and tricks when financing your property portfolio.
When it comes to building wealth through property investment, investors often are focused on where to buy and what to buy, but don’t give enough attention to one of the most important factors: Understanding finance and making smart decisions about how they borrow money and what strategies they implement that allow for leverage and growth. If you have read my recent e-book “The Property Investor Guide” you will know that in order to build wealth through property investment, you need to establish a large portfolio over time – one or two properties will just not cut it. You need to establish a portfolio of at least half a dozen properties. In order to do this, you have to borrow from the bank. The more funds you can borrow the more funds you can invest and therefore fast track your portfolio development. So the first step I want you to think about before you even start asking questions about where and what to buy, is to understand how financing works and the considerations you need to make when developing a finance strategy.