31/07/2025
Using equity to buy property
You may be able to use the equity in your home to upgrade or buy a second property for investment.
Equity in your property is the difference between the banks valuation of your property and the amount you owe on your home loan.
Once you’ve built your equity up you may want to use it to purchase another property.
Keep in mind it will depend on your income, proposed rental income and situation.
Want to chat, give Mel a call on 0413821296