Graeme Holm | Money Mentor
Region: AU
Thursday 18 January 2024 08:06:26 GMT
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runawaybiscuittin :
No. That home will continue to appreciate in value and help fund another investment property. I bought 3 investments in 10 years doing this. Wrong
2024-01-18 20:28:34
593
Bubblz80 :
But if you rent out the 1st house it’s paying that mortgage off so you technically are not carrying twice the debt… 🤷🏻♀️
2024-01-19 07:14:11
204
daneos :
Never sell your assets.. my opinion oc.
2024-01-18 09:45:27
82
hailz_J :
dont get it didnt explain it well for simple people
2024-01-19 05:35:03
30
here to troll :
100💯 correct. Progressive buying and selling in a safer way to increase equity and live in a better home / suburb
2024-01-19 01:00:44
35
Jedsbeard :
Never had a home loan, never will
2024-01-19 00:58:13
14
Aaron | The Mortgage Man :
The importance of talking to an accountant
2024-01-19 00:15:59
26
Canning.R6 :
Rent both out pay off both the mortgages live in ya car til it’s paid off easy money
2024-01-24 01:19:18
15
Albert's Vids :
Smart Brokers (like me) totally agree with you. Sell the original, reduce non deductible debt then strategize for multiple inv. prop. purchases ✔️✔️
2024-01-21 01:08:59
8
twisted_together :
this guy has no idea 🤣 mind blown he's even being interviewed 🤯
2024-01-19 08:24:39
15
user4808071786784 :
you lost me at 5 seconds into this master class...
2024-01-23 13:07:51
10
fckthegoverment0 :
this is bad advice your first 3 houses should be investment properties whilst your rent then watch how fast your money grows
2024-01-18 23:55:41
5
LN :
How can someone be so wrong on how borrowing equity off an old property works yet sound so right
2024-01-18 23:21:35
4
Iris79 :
Buy a cheap run down house at auction, convert to 4 flats, live in 1, rent 3 others out, you live for free, others pay loan, tax&costs, each flat is
2024-01-23 04:49:37
8
Fu_m4te :
when you have no idea but have a podcast lol😜😜😜
2024-01-19 11:44:36
6
ST :
I rent but own 4 houses
2024-01-27 09:58:24
6
Big T :
Good advice, but what’s better is pay off ur first home then move on to another one. (Keeping the original one) if u can afford to.
2024-01-21 07:30:02
5
Kristy :
Every Australian does not do this
2024-01-18 14:59:36
5
Trent Duncan :
FINALLY. 20yrs as a mortgage lender and FINALLY someone else sees it and gets it. Before you buy an investment property ask yourself What's the end goal/result for that investment. You plan should....
2024-01-20 20:41:51
25
Harrison Gauci :
I agree with this but just remember you will have to pay tax on the first property when you make profit
2024-01-18 18:01:52
8
pati :
This guy just described everything I’ve done in the last 10years 🤣🤦🏽♂️😩
2024-01-19 00:31:02
8
Jonathan Clark :
There is no need to cross collateralise in this scenario.
2024-01-18 21:40:32
17
sungakjfm68 :
not everyone owns a home. sad thing about it, when you save for everything and pay cash for everything you have/own. you can't get a credit rating. I was taught to work hard and pay cash. question how do you get a credit rating if this is the sernio? my problem seems to be the other way around 😆 🤣
2026-10-20 09:01:01
1
Johnny Gatt 👾 :
not everyone we didn't this is why I have no debt and own the house I live in and the cars I drive.
2024-01-20 00:31:03
3
Rachiie83 :
so say we have a property worth 650- 700 with 80k left on mortgage, looking to buy should we sell or re-mortgage
2024-01-20 12:53:08
1
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