In Episode #6, we discuss the differences between investing in brand new properties or properties that have already been lived in before (existing properties). We specifically discuss the differences in what banks will lend you towards each type of property and the level of deposit you need for each. We also discuss the differences in tenants you might get, and why the decision actually depends on the investment property strategy you want to run with. To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
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