Financing Your Dream Property as a Freelancer
At Finselect, we understand the challenges of securing a property loan with non-traditional income. The good news? Being an entrepreneur can actually work in your favor! Why entrepreneurs, freelancers, and solopreneurs are in a great position for property loans: ⁍ Diverse Income Streams: Lenders value multiple income sources, showing financial resilience. ⁍ Flexible Loan Options: […]
Understanding Mortgage Insurance: What You Need to Know
What is Mortgage Insurance? Mortgage insurance is a type of financial protection for lenders. It’s usually required when homebuyers put down less than 20% of the home’s value. This insurance safeguards the lender in case the borrower can’t repay the loan. Types of Mortgage Insurance: LMI and PMI Lenders Mortgage Insurance (LMI): Common in Australia, […]
7 Property Investment Tips: How to Find Undervalued Gems
When it comes to property investing, finding undervalued properties can unlock major growth potential. Here’s how to spot these hidden opportunities: Location Matters: Look for properties in areas with strong job markets, good schools, and public transport. Future developments like new infrastructure or commercial hubs can also boost value. Check Historical Growth: Research the area’s […]
Navigating Tax Debt: Protect Your Business from Closure
Tax debt can be a huge burden for any business, leading to penalties, legal trouble, and even closure if left unchecked. But with the right approach, you can avoid this outcome. The Risk: Tax Debt & Business Closure Unpaid taxes can seriously impact your business, draining cash flow, hurting your reputation, and increasing regulatory pressure. […]
3 Experts To Elevate Your SMSF Success
If you’re looking to unlock the full potential of your Self-Managed Superannuation Fund (SMSF), teaming up with the right experts is key. Here are three professionals to consider: • SMSF Specialists: These professionals help ensure your fund is optimised for growth and tax efficiency. They navigate complex regulations and guide your investment strategies to keep […]
Why You Need a Specialist Finance Broker for Tax Debt Refinancing
Struggling with tax debt? At Finselect Group, our specialist finance brokers can provide the expertise you need to navigate refinancing options effectively. This is important in 3 main ways: Tailored Solutions: You need to have someone who fully understands your financial situation to find the best refinancing options that reduce your debt burden. Expert Negotiation: […]
