Buying guide
How much deposit do I need to buy an investment property?
Before you buy you’re going to need to save a large portion of the purchase price. Find out how much you need.
AI summary
Buying an investment property in New Zealand typically requires a 30% deposit due to Reserve Bank LVR restrictions. However, several strategies can help you purchase with less.
You can often buy a new build with just a 20% deposit. Another option is to leverage the 'usable equity' in your existing home to fund the deposit. It's also worth exploring non-bank lenders, who are not bound by LVR rules but may charge higher interest rates. Consulting a mortgage broker is recommended.
Investment property deposit requirements New Zealand
How to buy an investment property with a small deposit
Buy a new build
-fotor-2023122017758.jpg)
If you already own your home you could use equity to purchase an investment.
Use home equity
Speak to a mortgage broker
Talk to a non-bank lender
There are several different ways to secure finance for an investment property.
Get help from an expert
Author
Search
Other articles you might like
