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  • Profile photo of CoolGeekCoolGeek
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    @coolgeek
    Join Date: 2012
    Post Count: 4
    October 3, 2012 - 2:03 pm

    Malaysia

    Profile photo of CoolGeekCoolGeek
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    @coolgeek
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    Post Count: 4
    October 3, 2012 - 1:44 pm

    Ah, I see… interesting.  Looks  like Australia is way ahead of the curve in terms of income property investments.

    The banks here don't know much about income property investments and don't have too many products in terms of loans.  Each loan is a basic mortgage loan.

    Also, I tend to find properties where the rental return can pay off each month's repayment.

    Profile photo of CoolGeekCoolGeek
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    @coolgeek
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    Post Count: 4
    October 3, 2012 - 1:22 pm

    Hi Derek,

    That makes sense.  With the 30 year period, I have more flexibility.

    Can you explain more about the interest only?  Not sure I understand.  Would it mean, I just pay interest and then after 20 years, I still have a loan to pay off?  

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