How investing helps owners achieve the dream of getting mortgage-free

On this episode, Smart Property Investment’s Phil Tarrant sits down with Eva Loisance from Finni to discuss the strategy behind taking on more debt to pay down another debt faster and how that could work for some Australian home owners.

This week, Eva brings a case study to the podcast, detailing why a couple purchased an investment property for the pure purpose of eliminating the mortgage on their primary residence.

The Penrith property owners were looking to pay down their home so they could retire earlier. A fairly typical Australian couple in terms of income, Eva explained why they initially rejected the idea of investing in property before being introduced to the strategy of using an investment to generate passive income over a long-term period so that, upon selling, they could pay off the debt left on their primary home.

Phil and Eva also discuss how to leverage existing equity to buy your first investment without even touching your savings and different ways to mortgage to take advantage of tax deductibility.

You’re out of free articles for this month

Log in Sign up

To continue reading the rest of this article, please log in.

Username or Email

Password Forgot password?

Keep me signed in on this device.

If you check this box before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later.

If you check the box above before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later.

---

or

---

Login with a Passkey

Create free account to get unlimited news articles and more!

First Name

Last Name

Mobile

Email

Organisation Type

Mortgage or Finance Brokerage Mortgage or Finance Aggregator Accounting Firm Financial Advice Practice Real Estate Agent Property Manager Financial Institution Fund Manager Educational Institution or University Association, Institute or Not-for-Profit Government Insurance Provider Technology Provider Media, Consulting or Recruitment Other

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Click here to listen on your device If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email [email protected] for more insights, or hear your voice on the show by recording a question below.

 

 

Tags:

• Podcast
• The Smart Property Investment Show

Share