Getting into the investment business is tricky, but possible and can be done typically in one of two most common ways. One of the ways is through saving up and buying an investment property as your first property just like you’d purchase your first house. The second way is by leveraging the value from a property you already have as a deposit. This requires a good portion the original loan to have been paid off.
In most cases, many investors will begin investing into their property, but not until they have paid off their owner-occupied home loan. This is a good way to go especially once you begin to think of strategies for the future of your finances. At the same time, you could risk losing the full potential of your property investment if you are waiting around until your home loan is completely paid off.
