In today's episode, Matt and Minh from the team at NDIS PROPERTY AUSTRALIA, discuss the capital funds needed before one would require to have available, before considering investing in an SDA property. They discuss an example case study of how much the costs would be for a deposit and the optional upgrades which may be applicable - like fire sprinklers, furniture packages, and other inclusions.
As these properties are more expensive to build than a traditional residential home, it is important to explain to investors the costs required to have ready in order to qualify for an NDIS loan with a lender, before deciding to purchase an SDA property.
They lead us through a detailed chat about how much cash on hand one might require, and what costs are applicable to consider, whether optional upgrades or not, to qualify for an investment loan. In addition, they will explain more about banks and non-bank lenders which are applicable for consideration, before embarking on one's property investment journey in the NDIS.
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It is our goal to see Participants with high-needs disabilities being appropriately housed in accommodation that is right for them. Purpose built homes promote opportunities for social and economic participation, enhance self-determination, and create conditions for Participants to lead vibrant, safe, and independent lives.
Please feel free to call us on 1300254397 to talk to one of our friendly staff, otherwise, just pop on over to our website to find out more info on www.ndispropertyaustralia.com.au
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Information contained in this podcast is general in nature only. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information and should seek independent and professional advice for your personal circumstances.