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Weekly Slice 273: $71k Income, $1M Borrowing Power. Here's How! - with Morgan Bushell & Todd Sloan
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$71k Income, $1M Borrowing Power. Here's How!
Can someone with a $71k salary really borrow a million dollars? In this episode, Todd Sloan sits down with Morgan Bushel from Full Circle Finance to explore how a hypothetical listener, Tom, could increase his borrowing power despite HECS debt, credit cards, and renting.
Morgan outlines practical strategies, including cleaning up finances, reducing monthly expenses, exploring second tier banks, and even temporarily living rent-free. Small changes, like lowering credit card limits or boosting income, are shown to have a big impact on borrowing capacity.
For anyone looking to grow their property portfolio, this episode provides a clear roadmap to navigate borrowing challenges and take steps toward long term financial success.
🍕🏠 We want to hear your investor story! So if you've experienced something that you know other investors can learn a thing or two from, click the link below and let us know. 🍕🏠 👉 https://pizzaandproperty.com.au/investor-story 👈
If you'd like to be flown into the Pizza & Property Studio, put up for a night's accommodation, have dinner with Todd Sloan, and have a team of carefully chosen property investing experts help you get unstuck, click the link below and tell us why you're stuck, and you could be our next UN-Stuck Yourself winner! 👉 https://pizzaandproperty.com.au/unstuck-yourself 👈
Get in touch with our amazing episode contributors & sponsors:
Morgan Bushell: 👉👉 https://www.fullcirclefinance.com.au/
Steve Ash: https://www.propertystrats.com.au/
Gilbert Melgar: https://www.suburbsfinder.com.au
Want more help understanding how to buy property faster and for less? Get your copy of Todd Sloan's book today:
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