In this episode, we discuss when you can sell 1 property to buy 2 properties. Banks have internal LVRs that restrict how much they are willing to lend against certain types of properties.
Holding these asset types takes up a lot of equity in an investors portfolio, which means that in some cases an investor can sell one property in order to buy two more. These are often niche investments, such as bare land, hotel units and small apartments.
We also mention that you have the option of taking our property investor quiz. In just 7 questions, this quiz will give you a 'yes', 'no', or 'maybe' answer about whether you are in the position to invest in property as a first time investor.
The Property Academy Podcast