There are a lot of great reasons to own real estate, but one of the most powerful is the ability to use equity to purchase another property.
If you’ve owned a home for a number of years, you might be able to access some of the equity to use as a deposit for another home.
While it’s great that you’re building equity, it is also important to remember that you will still need to be able to service any loans that you take out based on your financial circumstances.
Here are some of the advantages of using equity:
Our holistic approach to taxation, accounting and financial planning means we bridge the gap in the client
experience, eliminating the frustration from delays that are often inevitable with multiple stakeholders involved in the lending