Why first-time investors should consider 'rent-vesting'
For first-time investors who feel like their dream homes and investment goals are out of reach, rent-vesting can be a viable option.
Rentvesting can allow you to live in a hard-to-buy-into location like Sydney's Lower North Shore, but still get on the property ladder. Photo: Shutterstock (Image source: Shutterstock.com)
For first-time investors who feel like their dream homes and investment goals are out of reach, rent-vesting can be a viable option.
What is 'rent-vesting'?
Rent-vesting allows you to rent the kind of home you want, while borrowing money to invest in a lower-cost property, then using the rent money from that property to help pay off the mortgage. Breaking into the property market while living in an ideal home may not seem so impossible with ren…
