How Kerwin and Anthea Found A Safe Way To Use Equity From Their Family Home To Invest In Property

“The information I got from Binvested and Daniel at the map session…was too valuable…it just changed everything…We should have done this 10 years earlier.

Kerwin and Anthea P, Sydney Australia

The Results


B Invested

Key Stats

Name, age, occupation: Kerwin Plaatjies, 41,Structural Draftsman and Anthea Plaatjies, 41, Office Manager

Starting savings: $85,000
Starting equity: $100,000

B Invested

Achievements With Binvested

Number of properties with Binvested: 2
Current Binvested property total worth: $575,000
Current Binvested property net worth: $43,000
Current Binvested property rental income: $580 per week
Current Binvested property mortgage repayments: $369 week
Duration with Binvested: 6 months

B InvestedAre you ready for results like these?

Do you want to achieve financial freedom by investing in property?

Get Started Today

The Journey

Kerwin and Anthea’s Story

 

41 year-old Kerwin Plaatjies has always had a keen interest in property investment, but knew he and wife Anthea were restricted by the mortgage payments they were making on the house they already lived in.

 

About four years ago, Kerwin began to think seriously about investing in another property to pay off their home, but the couple were wary of getting into debt. Kerwin says that he suggested extending their mortgage in order to purchase another property.

 

Kerwin believed that this strategy would mean “we’ll have more money to put into another property, however Anthea wasn’t keen on that idea”.

 

In 2015 before becoming involved with Binvested, he and his wife Anthea bought a three bedroom investment property in Sydney for $330,000 after borrowing $360,000 in a loan from the bank. The property was negatively geared and left them feeling financially strained.

 

Kerwin began to look online for advice about successful property investment strategies and he came across Binvested on YouTube. He says this helped to alter his mindset. “I started watching the videos and it just changed my mindset and changed my thinking and told me not to be scared of debt”.

 

Kerwin and Anthea decided to book themselves in for a map session. During the session, Kerwin was alerted to the possibility of uncrossing their investment loan from their principal home, so that their investment wasn’t a liability. This allowed the couple to access more finance, and stopped the banks from turning them away. “The information I got from Binvested and Daniel at the map session…was too valuable…it just changed everything”.

 

The couple chose to proceed with Binvested. Kerwin and Anthea decided to withdraw $100,000 in equity from a combination of their personal home and the investment property they had bought in Sydney so that they would be able to start purchasing through Binvested.

 

 

Start Your Journey to Financial Freedom

Contact Us Today

Case Study Gallery

Learn more from our success stories

Anthony

“Today the entire portfolio is sitting on around $2.5 million and the equity on that is worth around $700,000”

See Full Case Study >

Rochelle

"Binvested came up with a solution that I wouldn’t have thought of otherwise”.

See Full Case Study >

Related Articles

First Home Buyers’ Checklist For Getting A Mortgage

First Home Buyers’ Checklist for Getting A Mortgage.   It is important to be ready for action when applying for a loan. Here is a checklist of things first home buyers need to do when getting a mortgage.   Organise a meeting with a financial planner and a mortgage broker. If you feel in the… Read more »

Read More >

Why You Should Turn Your Money Into Assets

Why You Should Turn Your Money Into Assets Do You Have Money In Your Bank Account?   Here at Binvested, Nathan receives a lot of questions from the public. But, this time, he has one for you:   “Do you have money in your bank account?”   If the answer is yes, then read on.… Read more »

Read More >

What To Do If You Bought A Bad Property?

What to do if you bought a bad property?   Whether it has gone down in value or is costing you each month, a bad property can really drag you through the dumps.   So, what should you do if you have a property that is holding you back?   Nathan shares his tips below.… Read more »

Read More >

Find Out How We Can Help You...

Buy your first home

Binvested Find Out More >

Invest in property

Binvested Find Out More >

Build your Portfolio

Binvested Find Out More >