Many New Zealanders believe they are not financially able to purchase a property and it’s true, many of us would indeed struggle to service a mortgage if we were buying our own home. The same cannot be said when comparing it to an investment property with good, long term tenants covering the costs rather than us being solely responsible for making the mortgage payments.
More New Zealanders are choosing to purchase investment properties that are immeadiately income producing and look at owning their own homes in the future.
We would be delighted to work through your situation and find out whether purchasing an investment property is open to you.