Strategy. Buy and hold
Mortgage deposit 25%
Mortgage 75%LTV @ 2.29%
The purpose of this investment was to buy and hold in a location that we were very confident of its imminent market growth. This particular location was receiving huge investment and our local knowledge allowed us to buy before other investors and therefore capitalise on the low prices before their increase only a few months later.
This investment has allowed us to increase our equity substantially and provides us with good security with the possibility of refinancing to release funds for other projects in the future.
Market Valuation after 24 months
That is a 28% increase in only 24 months!