PIT 149: Struggling With Mortgage Repayments? Try This

Welcome to Property Investor Tales – Stories From The Front Yard, where we share real stories from property investors across Australia and the lessons learned along the way.

In this episode, Tabitha Bright sits down with Karen Chavez, Property Investment Coach at Positive Real Estate, to reveal how one simple strategy could save a struggling property investor hundreds of thousands of dollars.

With rising interest rates putting pressure on their finances, one family was considering selling an investment property just to stay afloat. But after a 30-minute conversation with Karen, they discovered a refinancing strategy that could save them $2,160 a month and potentially cut their home loan from 27 years to just 9.5 years.

Tabitha and Karen explore the power of smart refinancing, managing cash flow and making informed decisions before selling an investment. Discover how the right strategy could make a massive difference to your financial future. Listen in now and take action!

Chapters

00:00 Intro

01:59 Why Investors Consider Selling

04:08 Interest-Only Loans Explained

06:32 Refinancing to Reduce Repayments

08:49 Saving $2,160 a Month

11:14 Paying Off the Mortgage Faster

13:29 Saving $285K in Interest

15:45 Long-Term Property Growth

17:54 Negotiating Better Loan Rates

20:08 The $1.185 Million Difference

22:49 Managing Cash Flow & Interest Rates

25:13 Key Lessons for Investors

27:27 Final Thoughts

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people’s property investor tales, so if you’d like to share yours then please get in touch with me via email at [email protected]

You can watch all of these podcasts over on YouTube at positivementor.com.au

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About the Author
A 13-Year Property Coach and strategist at Positive Real Estate, Tabitha is a licensed real estate agent in NSW and VIC, and has her Cert IV in both Property Services and Finance. She has personally coached over 600 Clients and her passion for education, property and client results focus everything she does at Positive Real Estate and we’re better for it.