Fit with your resources
Consider how much time, money and ongoing involvement the investment needs. Keep your existing property commitments in the same assessment.
← Real Estate Wealth Map™
03 / Starter Investor
Match your next investment strategy with a financing plan.
As your experience grows, more investment strategies come into view. Before committing to the next rental or renovation, work through the funding, time and resources the strategy needs from start to finish.
Discuss your investment plans ↗Your financing priorities
Test the plan before committing to the property.
A strategy that works for another investor may not fit your available capital, time or market. The financing needs to support the work you actually intend to do.
Funding through the work
A purchase mortgage is only one part of a renovation plan. Include work costs, carrying costs and the source of funds for each step.
A plan for different outcomes
Test what happens if work takes longer, costs increase or the expected refinance changes. Future proceeds should not be treated as money already arranged.
Bring the financing into focus
Finance the whole plan, not just the purchase.
For a renovation followed by a refinance, the funding needs change as the work progresses. This is one illustrative strategy, not a requirement of the Starter Investor stage.
- 01
Purchase
Purchase funds, closing costs and acquisition financing
- 02
Complete the work
Renovation spending and property carrying costs
- 03
Review the next financing
Property position and the lender’s requirements at that time
Expected refinancing is not funding already secured.
Across every step
Check the source of funds, timing and what you would need to cover if the plan changes.
How Streetwise helps
A Financing Roadmap™ connects the strategy and the funding.
We start with your goals, then review your finances, existing properties and proposed investment. We explain the recommended approach, its costs and the order in which the financing would need to happen.
Discovery, analysis and recommendations are complimentary. The Roadmap does not replace a lender’s assessment or confirm that a future refinance will be available.
Explore the Financing Roadmap™ →
Learn and work through your numbers
Useful before your next decision.
Learning guide
Test a rental property’s assumptions
Consider the evidence behind the projected income, costs and investment plan.
Read the guide →
Learning guide
Plan financing through a renovation
Connect purchase funding, work costs and the intended refinance.
Read the guide →
Interactive calculator
Check rental carrying costs
Test rental income and ongoing expenses. This is not a complete renovation feasibility model.
Open calculator →Talk to Streetwise
What investment are you considering next?
Tell us about the strategy, the property and any important dates. We’ll discuss what the financing plan needs to account for.