Chris Christofi for Smart Company
Chris Christofi features in Smart Company magazine to share his advice for small business owners looking to purchase property.
Sole traders and small business owners can find it difficult to qualify for a home loan, particularly if they have spent years deducting expenses so their taxable income is a low as possible. This can make it difficult later down the line for a bank to provide the borrowing capacity needed for a property purchase.
Reventon’s finance team writes millions of dollars in loans every month for property purchases, so Chris Christofi understands what it takes to ensure a loan application has the best chance of success.
Are you a small business owner?
Follow Chris’ five key steps purchasing property, including details on why planning ahead matters, finding the best broker for the job, researching your lenders and organising your finances so you have the best chance of success.
“Don’t be discouraged if you are really motivated and determined to buy your first home or investment property. There will usually be a way to make it happen and being aware of and actioning these five tips will help make homeownership a reality for you.”