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FAQ
FAQs: Get to Know Diamond Property and Wealth
Find answers to common questions about property investment, financial planning, and our services at Diamond Property and Wealth. If you have more questions, feel free to contact us!
How much deposit do I need to buy an investment property?
If you are buying an existing property then you need a 30% deposit to buy it as investment property.
If you are buying a brand-new house as an investment property (Code Compliance has to be less than 12 months old and you need to buy it directly from a developer) then you only need 20%.
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The best news is most investors in NZ do not actually come up with a cash deposit to buy investment properties. Instead they utilise equity in their own home.
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