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In this mini-episode of That Backyard Property Pod, we deep dive into Bridging Finance—the essential tool that helps you transition between properties when you don't have the borrowing capacity to hold two full debts at once.We break down the complexities of "peak debt" vs. "end debt," why you shouldn't always rely on a real estate agent’s appraisal for your valuation, and how different banks handle interest repayments during the bridging period. If you've been told bridging is "bad," it’s time to look at how it can actually be a fantastic tool when structured correctly.General advice only and not personal advice. CRN 485467
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Follow the podcast
Subscribe to my channel: / @ThatBackyardPropertyPodcast
Visit my website:https://tuskfinance.com.au
Follow me on social media:
Facebook: /@tuskfinancemk
Instagram: /@mortgageswmichael
LinkedIn: /@michaelkilliner
TikTok: /@backyardpropertypodcast
Tusk Finance Email: [email protected]
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Chapters:
00:00 Mini Episode Intro
00:26 The Upgrade Problem
00:50 Why Bridging Finance
00:59 How Bridging Works
01:44 Which Banks Offer It
01:56 Peak Debt vs End Debt
02:26 Interest and Repayments
02:53 Valuations and Sale Price
03:25 Making It Work Safely
04:00 Myths and Getting Help
04:47 Wrap Up and Subscribe
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Produced by Podwave Studios
#BridgingFinance #InterestRates #HomeLoan #Mortgage #PropertyFinance #VariableRate #MortgageStrategy #ThatBackyardPropertyPod #FinanceTips
By Michael KillinerIn this mini-episode of That Backyard Property Pod, we deep dive into Bridging Finance—the essential tool that helps you transition between properties when you don't have the borrowing capacity to hold two full debts at once.We break down the complexities of "peak debt" vs. "end debt," why you shouldn't always rely on a real estate agent’s appraisal for your valuation, and how different banks handle interest repayments during the bridging period. If you've been told bridging is "bad," it’s time to look at how it can actually be a fantastic tool when structured correctly.General advice only and not personal advice. CRN 485467
--------------------------------------
Follow the podcast
Subscribe to my channel: / @ThatBackyardPropertyPodcast
Visit my website:https://tuskfinance.com.au
Follow me on social media:
Facebook: /@tuskfinancemk
Instagram: /@mortgageswmichael
LinkedIn: /@michaelkilliner
TikTok: /@backyardpropertypodcast
Tusk Finance Email: [email protected]
--------------------------------------
Chapters:
00:00 Mini Episode Intro
00:26 The Upgrade Problem
00:50 Why Bridging Finance
00:59 How Bridging Works
01:44 Which Banks Offer It
01:56 Peak Debt vs End Debt
02:26 Interest and Repayments
02:53 Valuations and Sale Price
03:25 Making It Work Safely
04:00 Myths and Getting Help
04:47 Wrap Up and Subscribe
--------------------------------------
Produced by Podwave Studios
#BridgingFinance #InterestRates #HomeLoan #Mortgage #PropertyFinance #VariableRate #MortgageStrategy #ThatBackyardPropertyPod #FinanceTips