In this Australian Property Podcast episode, your hosts Pete Wargent from AllenWargent Property Buyers and Chris Bates from Alcove mortgage specialists discuss all the latest property news and trends.
Here are the 3 main stories they covered:
1 – Synchronised upswing for property prices
2 – Stayvestors
3 – Listings increased in May (SQM Research)
Listener Q&A
1 – Selfie
I’m self-employed and have been for the past 2 years.
What should I do to improve my borrowing capacity? Do I need to show payslips or can I use tax returns?
2 – Commercial
I want to buy commercial property for passive income, but I’m perhaps up to 10 years from retirement.
I could afford to buy for cash but feel like I am wasting an opportunity not to use some leverage? Do I use a 30% deposit, 50% deposit, or buy for cash?