Kevin Young Logo

Property Investing With Australia's No.1

Hear Kevin Young's view of the world at large and how it impacts property investors.

Ask Kevin Young Episode 111 – Should you use your own house as a deposit on an investment?

G'day,

Welcome to another episode of Ask Kevin Young, this week I'm answering the question should you use your current house as a deposit for your first investment property?

Most people don't have enough money saved up in the bank to get started and with current taxes so high and the super levy, it can be difficult to save up for your first property. There are other ways you can get a deposit for an investment property. One of the best ways is to use the equity in your house that is constantly going up.

But remember that you have to research the area you're looking to invest in. Make sure it's in a place that people are looking to rent in and that the rental price will help cover your mortgage and maintenance costs. Property Club will give you free access to services like this for research & financial planning if you are a member.

If you need more information about how you can use your equity as a deposit check out my video above.

Regards,

Kevin Young

Related Posts

The Real Problem Behind the Budget and the Solutions No One’s Talking About

The Real Problem Behind the Budget and the Solutions No One’s Talking About

Another Federal Budget, another round of promises. But once again, the people left behind are proper

Read more
    • 31 March 2025
    Property Headwinds Not As Bad As Feared says Clifford Bennett

    Property Headwinds Not As Bad As Feared says Clifford Bennett

    Join renowned economist Clifford Bennett as he shares his expert analysis on the current state of Au

    Read more
      • 20 January 2025
      Western Australia Tops Property Investment Growth In Australia

      Western Australia Tops Property Investment Growth In Australia

      In good news for renters in Western Australia, the State has recorded a record level of investment b

      Read more
        • 11 June 2024