This month we were lucky enough to catch up with Nick Morini. Nick came to Madd around three years ago and his life has been different ever since. Read Nick’s story below to better understand what brought him to us, what’s kept him here and why our mortgage brokerage stood out from other brokers.
Nick’s Story
“It all started when I reached out to George & Madd Loans to do a refinance. I not only was looking for a refi, but I actually was also looking for advice and I knew George was an expert in this area so knew he could help me. I wanted his opinion on which lender would maximise my borrowing capacity so that I could leverage the equity in my property to continue to add more investments to my property portfolio. Before meeting with George, I had gone to my original mortgage broker and was told that unless I provided two years of my new financials, banks would not look at further borrowing.”
After Meeting George
“After I met with George, I was able to not only walk out with a better interest rate on my existing property, but he managed to get me a pre-approval for two more investment properties. I immediately went to the market and sourced two additional properties, one in Camp Hill and then a development site in Holland Park West. I often look back and wonder at the opportunity cost lost if I had taken my original broker’s word for it and had settled with waiting two extra years before buying an additional property. I am so glad I contacted George to see if there were in fact other options and I’m thankful I did that because with the help of madd loans I was able to accelerate into the next step of my property portfolio strategy.”
Nick’s Key Learnings
Nick walked us through his learnings and the steps it took to make it happen:
The Learning / Advice
1. You need to make a goal and build a strategy around that goal
2. Never give up, you must be persistent, and build the right team around you.
3. If you get a roadblock like my original mortgage broker, keep asking questions you might need to find another broker, imagine if I let the original broker stop me, I could have missed out on over $300,000 equity I’ve realised from those purchases.
4. Be selective, and only buy property in good areas which have a proven history of capital growth
Nick is a buyers agent, his company is called Property Perspective QLD, he uses his expertise to help clients create wealth through property with the right property selection, if you are wanting to buy more property and want to reach out to Nick, please feel free to connect, he’s apart of our Madd family.
Join Us on Your Property Journey
Nick Morini’s story like many others is inspiring and shows the difference from one broker to another. If you’re inspired by Nick’s journey or ready to pursue a new mortgage broker, our team at Madd is ready to guide you. Reach out via our website at https://www.madd.com.au/contact/ or call us on 07 3899 0009. We’re dedicated to helping Australians achieve financial freedom, one property at a time.
From buying your first home to refinancing, commercial or construction loans – our free service takes the stress out of getting finance. We offer our services Australia wide so why not reach out to us today. We’d love to hear from you.
Investment Property
Refinancing
First Home Buyers
Financial Planning
