bseth replied to the topic On the age old topic of paying IO or PI in the forum Help Needed! 7 years, 4 months ago
IMO what limits business growth (property or other) is available cash, if you can preserve your cash (and buffers for less stress) using IO lending you have free cash to grow your business – eg. the next deposit, to pay for the reno etc. It doesnt have to cost a lot more (like ING 2yr fixed IO investor rate 4.19).
bseth became a registered member 8 years, 2 months ago