Hello and welcome back to the 360 Money Matters podcast! If you’re tuning in, chances are you’re interested in investing and creating wealth– one such method to increase your wealth is through property investment. When the property increases in value beyond what we have as a loan, this is what we can call ‘equity’.
In this episode, we’ll be talking about what equity is, how we can build it, and what we can do with it– like building out property portfolios, diversifying and increasing our wealth outside of the property, etc. While there are many different ways we can build equity, there are also many different ways we can leverage equity to work in our favour to build even more wealth.
So don’t be afraid to hop in and find out how you can best leverage your equity!
This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis and Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706
• What is Equity
• Ways to Create Equity
• Calculating the equity in your property
• 80% LVR and extending above this
• Can you always access your equity?
• Using equity to purchase property or other investments
• Risk of using equity & risk mitigation strategies
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