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This week is an exciting episode, we interview Redom Syed from Confidence Finance on how to increase your borrowing capacity. Let's face it - every dollar counts these days and if you can increase your borrowing capacity by as little as $10-50k, then that just might mean you don't miss out on your next property purchase. I gained so much insight from this episode and I hope you do to.
Redom has been consistently in the top 100 mortgage brokers Australia wide, and in this episode he shares his thoughts and opinions on:
- Why he HATES having cash
- How Banks calculate borrowing capacity
- The minimum expenses banks use top calculate your borrowing capacity
- The impact a $10k salary increase has on your borrowing capacity
- How HECS can hurt you
- Bad debt like credit cards, car loans and personal loans affect your borrowing capacity more than you think.
- PPR vs Renting and the implications of each.
- Why 125 is the magic number
- Plus much more!
To connect with Redom, search him up on linkedin or check out his website at:
https://www.confidencefinance.com.au/
Don't forget to check out the summary post on our Instagram.
We just launched Youtube!
YOUTUBE: https://www.youtube.com/@everythingproperty_au
Facebook: facebook.com/everythingproperty.au
Instagram: www.instagram.com/everythingproperty
LinkedIn: linkedin.com/everythingproperty
Website (Coming soon)
Disclaimer: This episode is not financial advice.
This week is an exciting episode, we interview Redom Syed from Confidence Finance on how to increase your borrowing capacity. Let's face it - every dollar counts these days and if you can increase your borrowing capacity by as little as $10-50k, then that just might mean you don't miss out on your next property purchase. I gained so much insight from this episode and I hope you do to.
Redom has been consistently in the top 100 mortgage brokers Australia wide, and in this episode he shares his thoughts and opinions on:
- Why he HATES having cash
- How Banks calculate borrowing capacity
- The minimum expenses banks use top calculate your borrowing capacity
- The impact a $10k salary increase has on your borrowing capacity
- How HECS can hurt you
- Bad debt like credit cards, car loans and personal loans affect your borrowing capacity more than you think.
- PPR vs Renting and the implications of each.
- Why 125 is the magic number
- Plus much more!
To connect with Redom, search him up on linkedin or check out his website at:
https://www.confidencefinance.com.au/
Don't forget to check out the summary post on our Instagram.
We just launched Youtube!
YOUTUBE: https://www.youtube.com/@everythingproperty_au
Facebook: facebook.com/everythingproperty.au
Instagram: www.instagram.com/everythingproperty
LinkedIn: linkedin.com/everythingproperty
Website (Coming soon)
Disclaimer: This episode is not financial advice.