mjaehrling4339 replied to the topic Finance for NZ IPs in the forum Finance 9 years, 9 months ago
Hi Alex,
Average yield in NZ is around 8%, with significant variation dependent on location. I have several, mostly in South Island regional centers. When I was actively buying about 12 years ago yields of 12% were not too hard to find, and 20% was not out of the question. Good deals can still be found, but beware the high rates and…[Read more]
mjaehrling4339 started the topic Finance for NZ IPs in the forum Finance 9 years, 9 months ago
Hi All,
Can anyone recommend a finance broker, here or in NZ, for NZ IPs? I’m looking to refinance on several properties I have there.
Cheers,
Michael