Money magazine Comments - Three ways to buy property when you can't save a big deposit Can't save up a big deposit? Time to get creative. Here are three ways to crack the property market without that magical 20%. https://www.moneymag.com.au/feed/latest?story=179778530 Wed, 02 Jun 2021 17:54:59 +1000 Wed, 02 Jun 2021 17:54:59 +1000 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Three ways to buy property when you can't save a big deposit https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Warren Gibson ()

A fourth option is the fractional model which enables anyone with $1000 or more to buy an interest and apply to be the tenant. They pay rent instead of a mortgage and can buy units from their co-investors at the prevailing value over time gradually accumulating equity. With a small loan they can buy more at the outset. The other investors may be random people or family and friends. Even super contributions can be used to buy units, but there are restrictions.

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]]> Warren Gibson () Wed, 02 Jun 2021 17:54:59 +1000