Ep 94. Using Equity vs Selling - With Max Phelps

Aug 1, 2021

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Have you always wanted to clearly understand the details of using equity to buy another investment property? or maybe selling one is the better fit for you situation? This episode we discuss all the ins and out involved with "Usable equity" and selling property so you can have more clarity on this picture and make better property choices for yourself moving forward.

Max Phelps author of Getting your financial Shit together has been kind enough to bring his wealth of knowledge to the show and walk us through a hypothetical situation of Dan and Ellie. Check fb page for slides and details. One of our characters is selling to buy their next property the other is pulling the equity out and growing their portfolio.

- What are the pros and the cons of each situation?

- How does it work when you want to pull equity out of a property?

- What is "Cross Collateralizing" and why should you avoid it more than pineapple on your pizza?

Take this info to your trusted financial advisor and start asking all the questions you've learnt from this episode to get a better understanding of what's best for you and your next move in property.

Get in touch with Max to chat in more detail:

https://goldeneggshomeloans.com.au/team/

Join Todd Sloan each week, to pick the brains of a different industry leader to bring you the best property content in the country.

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