SYDNEY, AUSTRALIA
0410 291 536
david@lendpower.com.au

Author: David Shih

Your Trusted Lending Advisor

5 considerations before becoming A Rentvestor

Rentvesting – renting a property to live in while owning one or more investment properties – is becoming an increasingly popular way for Australians to get a foot on the property ladder. According to Property Investment Professionals of Australia (PIPA)1, 36% of first homebuyers opted to invest in property and continue to rent instead of…
Read more

Are you getting caught out on the latest Credit Reporting changes?

If you applied for a home loan in the current financial environment , your lender would probably assess your application in the context of both your credit score and your credit history – on top of your income, assets, liabilities and living expenses. Your credit score is a number calculated by a credit-reporting agency, which compares…
Read more

Property of the Fortnight – 13 Longbill Pl, Taigum QLD 4018

Our pick of the week this week is 13 Longbill Pl Taigum QLD 4018. Recently sourced by Simon Loo @ House Finder for $460K, this massive 5 bedroom, 2 bathroom house sitting on 420sqm block offers exceptional balance between CG & cashflow: 1. Location – situated in residential pocket of Taigum and minutes drive away to…
Read more

Property of the Fortnight – 109 Larter St, Ballarat East VIC 3350

Our pick of the week this week is 109 Larter St Ballarat East in regional Victoria! Recently sold for $340K, this updated 2 bedroom, 1 bathroom house sitting on ~900sqm block offers an amazing subdivision deal without too much cashflow drain: Location – minutes drive to Ballarat CBD. Two local primary schools nearby Building –…
Read more

Auction has just passed in and you are the highest bidder! What happens next??

The hammer falls, the auction has ended, the bidding’s all done… and the property is passed in to you, the highest bidder. You’re standing out the front of what could be your dream home, surrounded by curious neighbours, nosy passers-by and who knows how many other serious buyers. So what now? What happens next?With the…
Read more

How much are lenders passing on the June & July rate cuts?

A quick snapshot for everyone to show how much lenders are passing on the June & July RBA cash rate drop and when are they going to pass this onto their customers! Thinking about switching? Paying too much on your loan?Simply reach out to us today for a free 15 minute, obligation free discussion to see…
Read more

The common misconceptions about Finance Pre-approval

One of the common questions I get asked by First Home Buyers seeking my help is “do we need to do a finance pre-approval? Is it worth getting one??” Like a lot of things in life – it depends! We touched on some of the key aspects in our earlier article “What is home loan…
Read more

Family Planning – Applying for a home loan with baby on the way

A new baby completely changes your life. Are you also prepared for how a new baby might affect your chances of buying a home? Here are some things to consider before you submit your application. When a lender assesses your home loan application, they look at your income, assets, debts and expenses before deciding whether…
Read more

Deal of the Fortnight – 14A School Pde, Marrickville NSW 2204

Our pick of the week this week is 14A School Pde, Marrickville in Sydney. Recently purchased by our client for $1.293M, this renovated 2 x 2 bedroom, 1 bathroom house sitting on ~250sqm block is a classic textbook style dual living IP offers the following: Location – located in the gentrifying Marrickville suburb with minutes…
Read more

3 must knows for property investors to prepare for EOFY

Crunch time has come for property investors with 30th June fast approaching. If you are a property investor, you will know what a hectic time end of financial year (EOFY) can be. However, with a little forward planning, you will be well on your way to a smooth tax lodgement come EOFY. Read on for…
Read more