Buying a Rental

Buying a second home can be exciting and daunting all at the same time.

There are some really important decisions to make when looking at purchasing your second home or rental property. 

Should you use a different lender to offer a level of asset protection, or should you use the same lender because you would like to maximise your tax position?*

Buying your second home can arise from many different circumstances.

These may include:

  • A rapidly growing family
  • A want to buy a nicer home
  • Starting a rental property portfolio
  • To become closer to family or friends
  • Facilitating a move to a different city
  • To purchase a property for a friend or family member
  • Downsizing after family have flown the coup or for retirement
  • To down size after family have flown the coup or for retirement


Your reason for purchasing a second home could be one or more of the above reasons, it could also be for a reason that is not mentioned above. There are many factors to look into when buying your second home.


Purchasing a second home can raise many questions, such as:

  • Do you want to simply upgrade or turn your existing home into a rental property?
  • Do I have enough equity in my existing home to purchase a second home?
  • Will I have to add part or all of my savings to purchase a second home?
  • Can you afford the new mortgage repayments?
  • Do I want to stay with the same lender?


As you can see from the above points there are a lot of different things to consider when purchasing a second home, we would love to help you go through the process and help you with all aspects of purchasing a second property.

Contact us to go over your personal circumstances and reasons for wanting to purchase a second home.

* We strongly recommend you seek advice from a suitably qualified tax accountant before proceeding with any purchase that may change your tax liabilities.

Latest News

Miller, Scott
27 May 2024

Published by Scott Miller

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  • Scott has been absolutely amazing in this home buying process.
    Ashley Bonham - 29 March 2025
  • We worked with Scott in securing our first home, and our experience was 10/10 from start to finish.
    He helped us in so many ways, especially since we had no idea what we were doing!
    He was always available to answer our questions and clearly explained everything step by step.
    Colette Cleary - 28 March 2025
  • Scott was very helpful with guiding us through the process of getting a home loan, highly recommend.
    Jake Badger - 25 March 2025
  • Greg has been fantastic in helping me purchase my first property. He made the whole process incredibly smooth and stress free from start to finish. Very supportive and helpful. Excellent and friendly service.
    Matthew Morgan - 24 March 2025
  • We worked with Scott to secure a mortgage for our first home. The process from beginning to end was exceptional. Not only did he help with securing a mortgage, but he helped out in many other ways for first home buyers, explaining all the small things you don't know about when looking for your first home! Always there on the other end for a phone call whenever needed.
    Thanks Scott and team.
    Damien and Colette Dunne - 19 March 2025