All Topics / The Treasure Chest / i/o loans

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of brettm80brettm80
    Participant
    @brettm80
    Join Date: 2003
    Post Count: 2
    September 19, 2003 - 2:53 am

    Hi, im looking for a investment property in adelaie but im finding it all most impossible to find 1. what are everyones thoughts on using a interest only loan for the first 5 years and then in 5 years time the rent will have gone up enough so that the house is positively geared (hopefully). is this a bad idea??

    Profile photo of battz71battz71
    Participant
    @battz71
    Join Date: 2003
    Post Count: 95
    September 19, 2003 - 3:01 am

    Brett,

    You will find positive cashflow properties in Adelaide. They may not be in Norwood, Skye or Glenelg, but they are there.

    Cheers,

    Battz

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘i/o loans’ is closed to new replies.