Using Equity In Your Home To Invest In Property

Transcript

Hi, this is Jason Dwyer, managing director of station sponsor Dwyer Property Investments.

I grew up on The Coast and have been involved in the local property market most of my life.

My brother Wayne Dwyer has one of the most trusted building companies on The Coast, Dwyer Quality Homes.

Our family has been helping Queenslanders build beautiful homes and invest in property for more than thirty-five years.

My parents worked hard all their life to pay off their home loan but still missed out on buying an investment property.

If only they’d known about the clever old saying: “Don’t wait to invest. Invest, then wait”.

It could be too late to build wealth after you pay off your home loan – too late to get a loan or benefit from any capital growth.

The smartest way to set yourself up for a happy and stress-free retirement is to use the equity in your home to start investing sooner rather than later.

Equity is the difference between what your home is worth and what you owe on the property. That money is yours.

So, if you have over 20% equity in your property, you could be using that money to buy an investment property – you don’t have to pay off your mortgage first.

You can get a fully tax-deductible loan using the equity you have in your home.

Most homeowners’ wealth is tied up in their home. You are not risking your home by using this equity, because the risk is only in the investment.

Sometimes, super isn’t enough to see you through retirement. You may need to sell your house and live off the proceeds – but where would you live?

If you had several properties creating wealth for you, you’d be able to retire in comfort and set your family up for a financially secure future.

I’m Jason Dwyer. Learn more about using the equity in your home to buy an investment property at the Dwyer Property Investments YouTube channel, or call me for an obligation-free chat today.