Heisenberg01 replied to the topic Interest-only loan option in the forum Finance 1 year, 1 month ago
Thanks for the reply Dan. Glad that I’m on the same wavelength.
Looks like Benny’s prediction about the “mortgage cliff” is coming true (if news reports are to be believed).
Heisenberg01 replied to the topic Interest-only loan option in the forum Finance 1 year, 2 months ago
Hi Benny, thank you very much for taking the time to reply. It was really a good read and I appreciate it.
Oh, what I meant by roll over is – whatever my wife and I can save thru tax deductions (for investment property) to be used to replenish the funds (albeit not completely) that were used to cover rental shortfall and outgoings? Hope I’m not w…[Read more]
Heisenberg01 started the topic Interest-only loan option in the forum Finance 1 year, 2 months ago
Hi there, hope everyone is doing well.
I am just starting my property investment journey and I have a question to ask the pros here.
I have been doing my math on the interest only loan option, but no matter how I try and work it out, it seems as though it is virtually impossible to get a positive cashflow? (meaning to say that the rent will not…[Read more]
Heisenberg01 became a registered member 1 year, 2 months ago