Remember how exciting it was to buy your first home? You can help the next generation do it and look after your future at the same time. All without becoming a landlord.
It’s capital gain, without becoming a landlord.
You provide the 20% deposit for the property and the buyer is responsible for paying the mortgage, rates, insurance, day to day maintenance and any applicable body corporate fees.
When the property is sold, or the buyer chooses to buy you out after 5 years or more, you and your buyer share in any capital gain in the property 50/50.
Choose the type of property you want to invest in
The buyer takes care of the other 80%
You and the buyer share the capital gains 50/50
The buyer is responsible for paying the mortgage, rates, insurance, day-to-day maintenance and any applicable body corporate fees.
You're not responsible for finding and managing tenants, which means you've got an investment property that you can be care-free about, leaving you to enjoy time with family, travel or just relax.
And not only that, you've even helped someone purchase their first home.
We find a buyer who wants to buy a similar property
The buyer finds a place for $600k that you like
You contribute $120k (20% deposit)
The buyer gets a mortgage of $480k (remaining 80%)
The buyer looks after servicing the property for 10 years
You both agree to sell the property for $1 million
The buyer repays the mortgage ($480k)
You're reimbursed your initial deposit ($120k)
You split the capital gains ($400k)
You walk away with an extra $200k in your hand.
We've prepared a more in-depth explanation of the process for you, so you know exactly what to expect.
Got questions? We've got answers. Find the answers to frequently asked questions here.
Copyright Levridge © 2019