Investment Property Daydreamer
Is 'using your equity' a real financial strategy, or is it just something people say at fancy dinner parties to sound smart? I’ve been looking at mortgage brokers to see if I can buy an investment property without actually having another $100k in cash sitting under my mattress. Does a broker actually find a way to make the numbers work, or am I just setting myself up to live in a cardboard box? Asking for a friend who really wants to retire before they're 95.
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“Using your equity” is actually a real and widely used strategy, not just dinner-party finance talk. If your current property has grown in value, that equity can sometimes be leveraged as security for an investment loan, reducing the need for huge cash savings. A good mortgage broker brisbane helps stress-test the numbers, structure loans correctly, and check serviceability so you’re not overextending yourself. It’s not a free lunch, but when done properly, it’s a strategic tool—not a shortcut to cardboard-box living.