Investment property

Investment loan expertise to guide your property building portfolio.

When you want to buy an investment property, we first need to consider what your current financial situation is. It is highly likely that you already have a current home loan and some equity in your home which you want to access to buy your investment property.

Our tried-and-tested approach to getting the best investment property loan is one of the key reasons people choose. We will review a range of different lenders on your behalf, to see who will be the most suitable (often it is not your current bank).

One of the factors we are looking at is a good property valuation, and these do vary significantly across lenders. This will give you access to more equity, and the option to spend more on an investment property.  It may also mean that you can reduce the lenders’ mortgage insurance (LMI) payable, and also, you could get a lower interest rate.

We will guide you through from the start, to a successful outcome when your loan settles. We have long term relationships with all major lenders and with our expertise in banking policy, you can feel confident we have a good chance of getting your loans approved.

Best of all, we don’t charge you a fee to use our service as we are paid by the lender when your home loan settles.

Top 5 tips for taking out an investment property loan

Make sure your current home loan is optimally set up (you may need to refinance this first).

Consider a range of lenders to ensure you get a good property valuation.

Consider having different offset accounts for each investment property so you can easily track your income and expenses for each.

Make sure you understand the pros an cons of both types of repayments: principle and interest versus interest only.

Avoid cross-collateralising any of your loans (i.e. don’t link any of your properties together when applying for loans).

Step by step guide to buying an investment property

Here’s our simple process to get a loan for your investment property.

We will need to get an idea of your overall financial situation now and what your goals are over the next 5 years, such as paying your loans off quickly, building a property portfolio or early retirement.  We will consider how we can improve your overall financial situation with a focus on refinancing your current home loan first.

Once we understand what you want to achieve, we will look at different lending options for you.  The team may organise property valuations with different lenders on your behalf. You will need to complete our simple online Fact Find and upload your paperwork so we can review your situation and research the loan options for you.

We’ll meet face-to-face to discuss our research and your refinance options. We want you to feel comfortable with the approach we recommend.  Once you’ve signed the refinance application, we will handle all the fine print so you can relax knowing your loan will be approved.   Then we work on a plan to buy your investment property as we will know how much equity you can access.

If you have a new lender they will arrange settlement with your previous lender. At this point we will help you arrange new bank accounts to be set up.  If you are paying off any other debts like a credit card or personal loan you will be able to arrange to pay these debts down once your loan has gone through.

If you haven’t already done so, you can now start looking at investment properties to buy. You will be armed with the knowledge of how much you can spend and the rental yield to aim for, so it will make your search more targeted. Once you have made an offer on a property and signed a contract, you forward the contract through to us.

Once you have signed a contract we can finalise the loan application with the actual figures. We will confirm how much deposit you need, how much you are borrowing and your repayments.  We will get it submitted to the lender for approval and then you will need to sign the loan paperwork.

Your solicitor will arrange settlement with your lender on your behalf.

What our clients have to say

My wife and I cannot recommend Victor and his team highly enough. He was extremely organised with our home loan and had everything sorted for us in a very short period of time. He is a stand up guy with only the right advice. Thanks for the Lamb Shawarma recipe – turned out perfect, the family loved it. The new home is great also. Thanks Victor.
NuMatthu
NuMatthu
03:50 27 Aug 19
Upon recommendation of a couple of friends, we had spoken to Victor Kalinowski at Blackk Finance a couple of times over the past two years whilst we looked for our first home. In the beginning, when we were just starting to look seriously, Victor provided us with invaluable advice on demonstrated savings required, deposit amounts, the impact of LMI, and what documentation we’d need to provide for a loan application. We had been looking for a house for about two years and decided to give it a break for a bit - we had encountered some disappointment in the market, and our circumstances had unexpectedly changed. Of course, when we weren’t looking, we accidentally found ‘the house’. We were in a complicated situation (being a small business owner has an impact on loan options, and we had just been through a period of significant health expenses). Instead of shying away from us as a challenging client, Victor dedicated himself to understanding our circumstances and tailored loan options that would be suited to us now, and in the future. He did a lot of research and made a lot of phone calls for us, checking requirements and information, and assisting us with preparing the right documentation, to ensure we would be in a position to get the loan we needed before applying; it was kind of like a pseudo-pre-approval process. Timeframes were very tight (we had 21 days but ended up needing a 2 day extension because the lender had a backlog) and there was a lot of back and forth and gathering of documentation, but in the end, it has all been worth it. Yesterday, we picked up the keys to our very first home. Victor’s advice and support has been invaluable - he knows the lenders, he knows their products and he knows their requirements. Most importantly, he makes the effort to get to know you, and your circumstances, and appropriately match you to the best loan options. He can talk you through the pros and cons of it all, and has a great attention to detail. And for us, he went above and beyond to follow things up with solicitors and banks, even when the process had technically ended for him (thanks Victor!). We would highly recommend working with Victor for property finance, to anyone (he does residential and commercial). He’s really easy to get a hold of and has a transparent approach to his work. Thank you, Victor, for all of your hard work and perseverance with us, and helping make our dream become a reality! Rhiannon and David
Rhiannon Wordsworth
Rhiannon W.
06:44 01 Aug 19
I have been working with Victor and his team on and off over the last 8 ½ years now, buying three properties and also helping me with a car loan.Over the years I have found Victor to be very professional and knowledgeable with the services he provides.I am still looking at purchasing more property in the future and Victor will be a part of this journey if he likes it or not.Thank you very much Blackk Finance, Keep up the good work.
les davis
les D.
09:02 24 Jun 19
Victor and his team have been helping my wife and I for around 7 years. He impressed us from the start by flying up to Rockhampton to meet us and help to structure our loans and lending so that we could buy our dream block of land. The service continued throughout the years with Victor always approachable, friendly and willing to go the extra mile for his clients. An example of this is Victor meeting us at the airport at around 9pm at night so we could get all the documents signed to allow us to settle a property ASAP. The great thing about Victor and his team is that you don't just become a number and fade into the background after a few years. Victor always returns phone calls and has your information to hand when talking to his clients. We are now in our dream home and Victor is still helping us get the best deal possible in regards to lending, combined with great advice on how to structure the loans to get the most out of every dollar. So if you want great service and honest advice then Victor and the team at Blackk are the people for you.
Shane Anderson
Shane A.
21:16 19 Mar 19
Victor was very helpful from the day we contacted him just to get general information about buying a house. He is very knowledgeable and was always very patient answering all our questions. Victor and his amazing team provided support along the way and after we purchased our house. I would definitely recommend Blackk Finance to all my friends and family!!
Helena Swanborough
Helena S.
09:35 14 Feb 19
My wife and I were looking for a broker after seeing the house we thought it was perfect for us. The right size, price and even street! So we found Blackk Finance when researching online and went to meet Victor. See, we were not just first home buyers but we also had no idea about how mortgages work. To top that, I’ve just started working as self-employed photographer and financial institutions don’t exactly love that.After reviewing our situation, Victor said we could try it but it would be complicated so we went ahead and made an offer for the property. A few days later our solicitor (who’s amazing and was Victor’s recommendation) had contracts signed and everything was ready and perfect for us to apply for the loan. Victor has lots of contacts and sadly when it was time for us to apply, a little situation started in Australia and the banks got spooked. So there we were, contract signed, first deposit paid, building inspections done and so on, and the banks saying no before we could even apply for a loan - and Victor trying every single magic spell mankind has ever heard of (and some probably only he knows).Day in, day out, Victor tried EVERYTHING. In the end, there was a chance and we decided to go for it, only to see it declined by the banks. While my wife and I were frustrated and sad, Victor has never for a second given up. And for that we are forever thankful. Mind you, this was all happening in the lead up to Christmas and New Years.And this was the 5 star review we were writing even though we didn’t succeed - which was entirely our fault - to Victor Kalinowski, first of his name, wizard of Oz finance and brave restless knight.Anyone could have given up on us and it would be completely understandable. We were a very difficult case and it was a lot of work to even try getting us a loan. Most brokers would probably say “sorry, can’t help, come back in a year when you do this, this and that”, but not him. Instead he was honest and open about our chances and the work it could take, to get everything ready and still receive a no for an answer. And that’s exactly what happened: after trying everything, we accepted the fact we were not buying this house, this time.But then something changed in our situation, a little thing, and I called Victor to tell him. With the same excitement he said that would change everything and we should try. At this stage, time was really against us. For a whole week Victor worked hard to get things done in time.And here we are now, packing our stuff to get ready to move in to our new home.Victor, we cannot thank you enough, I couldn’t just write a review saying “yes he’s the best broker in town” because without explaining what we all went through together, it would be hard to make people understand how much you care and work hard. We know you could have spent your time working with easier clients and yet you haven’t stopped for a second.Thank you thank you thank you,(and Debbie)Bruno and Roberta (and Helga)
Bruno Spotorno Domingues
Bruno Spotorno D.
07:46 15 Jan 19
My partner and I had been recommended by friends to contact Victor at Blackk Finance for the purchase of our first home. From the initial meet and greet late one evening to the actual purchase / finance of our property the positive experience continued.Victor was more than happy to talk us through all aspects and options available to us, this included understanding our personal circumstances and always maintaining options that would have our best interests first.The process was simple, convenient and we could not meet someone more willing to help and answer questions, giving confidence at every step along the way.We could not recommend Victor and the team enough and without questions would use them again for any future finance requirements.Thank you again for all your assistance and support!Brent & Shoko
Brent McKay
Brent M.
12:50 06 Jan 19
I would give Blackk Finance 10 stars if I could. Victor & Debbie were simply amazing!! I personally found purchasing our first home a bit scary but Victor coached us through the whole process and always managed to reassure me. He never seemed annoyed at my endless questions & was very well prepared for everything we threw at him.Thank you for not giving up on us. I know it took us a while but now thanks to you we will be enjoying Christmas poolside in our new home!! We will definitely recommend your services to all our friends and will be back the next time we’re in the market for a new home. 🙂
Christina Hart
Christina H.
22:32 20 Dec 18
Victor is extremely approachable, friendly and professional. He instills a confidence in you that he is genuinely making suggestions based solely on your best interests.We felt very looked after by Victor and truly wondered why anyone would even bother looking for finance on their own.Even when freak complications arose, Victor worked very hard to both rectify the situation and continually communicate with us about it.I would wholeheartedly recommend that anybody looking for a home loan speak with Victor immediately.
Gavin Handley
Gavin H.
01:53 03 Dec 18

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