How to Borrow $1,000,000 in 2024! What You Need to Know - With John Kefalianos

[@someguy4260]

Another great video Todd!!! This one ranks right up there as one of the best as it is the limiting factor for the majority of people who don't even know this is possible!!!

[@pizzaandproperty1246]

Cheers bro 😊

[@MegaCathie]

Great video. I’ve got 3 sons that have purchased a property in 2017 and are now using equity to buy a second property.

[@pizzaandproperty1246]

That's amazing! Setting up for success! 🙂

[@ES-yz4rb]

Great insights and video. Shows the power of research. Really the key message being, live at home:). Which is music to the ears of owners of 4 or 5 bed homes as more and more kids need to live with parents for longer therefore more demand for those properties as opposed to 1 bed apartments or similar.

[@pizzaandproperty1246]

Thanks mate! yeah 100% boarding or moving back in with the folks can be a life changing choice to make, hope your investings going well bro 🙌🏼

[@TheSting772]

Most people live at what they call home.

[@yixiao7531]

I remember the 2016 Tasmania and 2020 in Victoria mount Martha was asking parents to buy together, they refused lol no one believed, watched most of your videos very inspiring .

[@pizzaandproperty1246]

Thanks mate! You manage to get into the market now?

[@fishingphill]

I'll be saving this one, thanks 👍

[@pizzaandproperty1246]

You’re welcome mate 👍🏼

[@rockylee4696]

I can see pepper money is no.1 and resimac is no. 2 … others banks are losser

[@pizzaandproperty1246]

At the time of recording yes but this changes on an almost weekly basis as each lender changes parts of their policy

[@topshot2680]

Fantastic episode! Would have loved to hear about Overtime and lending also

[@pizzaandproperty1246]

Great suggestion!

[@robi19able]

Everyone talks about borrowing money against equity and not talking about purchasing your additional properties process. Does that equate to the bank giving you that loan reflecting your equity and no need to put down deposits on new purchases after your first property purchase. Does your property need to become positive cash flow before you can borrow more money against equity.

[@pizzaandproperty1246]

Hey mate, sounds like you're wanting to get a better understanding of exactly how equity works, have I understood you right?

[@robi19able]

Yes that's correct and also do you need a deposit for all future property purchases when using equity.

[@avalonzukowski7571]

Wondering if this would work for someone who receives centrelink benefits and works part time? Total income (with gross) is 50k.

[@pizzaandproperty1246]

Great question mate! I don’t believe Centrelink income would service the same way, but 100% best to ask a broker directly as you might qualify for a grant or help to buy that is possibly a better fit 😊

[@LamannaGarage]

So many ways to approach lending. Great advice. A lot of tunnel vision most of the time due to poor advice. Most people are just told, you need to earn more, sorry. Awesome video!

[@pizzaandproperty1246]

So true! thanks bro glad you enjoyed it 🙂

[@mitchjarfx]

Such a valuable video, thanks a lot gents! 🤝

[@pizzaandproperty1246]

Thanks mate, glad you liked it hope it helps with the first purchase mate 🙌🏼

[@sykennywilliam]

Thanks for sharing

[@pizzaandproperty1246]

Thanks for watching!

[@TheSting772]

Don’t forget capital gains tax and stamp duty 😮

[@pizzaandproperty1246]

They generally don’t come into play when applying for a loan but 100% want to have them in the numbers for the overall purchase and if you sell 🙌🏼

[@jamietelltale7253]

$162k in saving is crazy for someone on $60k a year lol

[@pizzaandproperty1246]

Yeah but so’s borrowing $1m on that income, the point of the ep was just to get people thinking about the options we do have to move forward despite all the market changes 😊

[@indigofox72]

Trying to find a decent broker…

[@pizzaandproperty1246]

Have you spoken with John? I think his contact details are somewhere in the description

[@Rory_Turner_Realestate]

haha "i wish i never brought that property" mate not every market goes up like have you ever been to darwin before ???!!!! im an agent here and there are still properties in negative equity from 10 years ago!

[@ASXStockPicking]

Mother of all BUBBLES

[@pizzaandproperty1246]

Maybe… but what if you’re wrong?

[@ASXStockPicking]

@@pizzaandproperty1246 what if YOU are wrong?

[@pizzaandproperty1246]

then the market will adjust down either by a bit or a lot, and i'll continue to hold income producing assets that need to be used in no matter the economy. Honestly I respect your opinion dude but if you look back through the past 50 years the people that keep calling for a crash / bubble bursting have missed out on more gains than they've protected themselves form from loss aversion and inaction. fear is a bad investment guide bro

[@ASXStockPicking]

@@pizzaandproperty1246 Any random ASX200 portfolio with 20 stocks gave average 13% yields growth for the past 40 years. Teaching people to leverage themselves based on past figures it’s not the right call as they can lose everything. I know a couple that lost everything in this forever up market because of this sort of BS that you propagate. My point is risk taking and this strategy is proven to be VERY MUCH WRONG.

[@ASXStockPicking]

@@pizzaandproperty1246 deleted my comment, it demonstrates a lot about your channel

[@asianboywhat]

For property share, I'd like to know if I did this with a friend lets say 50% each share ownership. For next property i heard thr banks assess you as if you are 100% owner of the property and not 50%. Can you please clarify this? Thanks

[@PaulineMartin-Brooks]

Exactly they account for 50% of the income and 100% of the debt.. fun times lol