Module 7 (After You Buy) guides buyers on next steps once settled: protecting assets (building, landlord, life, income protection), estate planning (Wills, executors), working with a financial planner under updated FOFA rules, and creating a fully rounded financial plan. The module explains equity (how it is created and accessed via refinance/lines of credit), LMI and LVR thresholds (banks commonly lend to 80% LVR before LMI applies), strategies to leverage equity to buy additional properties, cash‑flow management, tax tools (depreciation, borrowing cost amortisation, ATO tax variation), and mindset/team building for portfolio growth (mortgage broker, accountant, quantity surveyor, project managers, agents, solicitor). It contains worked examples and exercises for calculating future property value, total and available equity, and stepwise use of equity as deposit for further purchases.
Questions this document answers
50%.
74%.
$70,000.
Singles: $658.40 per fortnight; Couples: $496.30 each per fortnight.
When LVR exceeds 80% (text notes lenders commonly require LMI above 80% LVR).