Breaking Down the Numbers: How Much You Really Need to Buy Property #2
Dreaming of that second property purchase but unsure if your numbers add up? Our candid conversation tackles the often misunderstood relationship between property equity and income requirements that determines your true buying power.
Through a practical example based in Waikanae, we dissect the crucial difference between perceived equity and usable equity – a distinction that catches many property owners by surprise. While that $400,000 in property equity might look impressive on paper, we reveal why banks might only consider $190,000 of it usable for your next purchase, and how this…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.