TIP # 1 – Always Buy Under Market Value
Let’s say you bought a $600,000 property with a $575,000 loan.
After a couple of years’ worth of repayments, you have a valuer look at the home again and they tell you it’s only worth $550,000.
You’re now in the mortgage prison.
No lender’s going to want to help you refinance…
The key to avoiding this situation is to always buy under market value.
That happens to be one of the key value adds in Dashdot’s investment strategy.
When you buy under market value, you create equity from day one.
And in a worst-case scenario, you have a buffer to absorb any negative market movement.