Hello Everybody,
Could anybody please help me/ inform me.
When considering and engaging a broker:
What kind of questions should I ask a broker to assess his suitability.
Is there any kind of criteria I can use as well.
Also, what kind of decisions do I need to make and what kind of questions do I need to ask myself before going and seeing a broker.
A few quick facts to help your answers.
My wife and I are wanting to start investing in property. I've already accumulated quite a library of investing literature, and am slowly attempting to educate myself on the topic. I've been researching as a hobby for the last few years. And we purchased our PPOR coming up to 2 years ago. We are both 23 and have a combined income of $100k per annum before tax., and currently have a $110k HomeNorth loan, with TIO.
I have decided that the route to sourcing finance for our investments may be best done through a broker. This decision is mainly due to 1. my lack of experience with debt. and procuring loans 2. the large number of loan products that are available in the market.
Also;
We have not decided on a property yet.
I am not risk averse and will quite happily leverage on my PPOR
Our investing strategy is not set in concrete, yet we both tend toward cash flow positive/ buy and hold strategy.
Also, I am in Darwin and would prefer to use a local office, does anyone have any suggestions.
why restrict yourself to just darwin in finding a Broker.
communication via phone and email is all you need.why not give a broker like QLD's007 ,Richard Taylor an email and see if he can help you out or try a few others here on the forum.
cheers
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