A brand new way to create an investment property portfolio with just $15,000 in savings
Investn Group offers a solution for non-property owners to start investing in residential real estate but without a huge deposit.
First-time buyers now have the opportunity to finally begin a property portfolio with just $15,000. This is a brand new game-changing strategy. Scott Fraser, Chief Executive Officer, founded Investn Group knowing how challenging it is for first-time buyers to break into the Australian Property Market. Investn Group is the first company in Australia to start co-investing with individuals where the company supplies the 10% deposit owning 10% of the property and the individual owning 90% of the property by obtaining a mortgage.
Buyers are not required have to have a 10%-20% cash deposit plus money for additional costs like stamp duty, conveyancing and more. Investn Group researches, sources and completes due diligence to chose an investment-grade property with good cash flow in quality growth corridors. Upon settlement, an external real estate agent is appointed to manage the property, with Investn Group acting as the responsible owner.
Investn Group has selection criteria for prospective individuals who need a gross income of at least $65,000 pa or $110,000 pa as a couple; under full-time employment; six months in their current employment; good credit history and $15,000 in savings..
The company is limited to accept only 20 ideal clients per month. The individual's $20,000 is used to cover the purchase costs of $10,000 and with the remaining $5,000 been used as a buffer (sinking fund) for any unexpected costs such as maintenance and repairs to the property.
Investn Group is a private investment group based out of Sydney Australia that takes an ownership position with new owners for long term capital growth and rental income.
Investn Group has innovatively changed the way to enter the property market. Call us for more information on 1300 446 445.