Been thinking bout buying 2 more investment properties but thinking abhout getting interest only loans hopfing properties will double in 10 years and then sell them and pay off loans. Instead of just getting 1 property with a normal loan.
anyone else done or doing this at moment?
mat.I recommend IO loans for all my clients buying investment properties and use them myself.
Good plan.
Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
If you have any non tax deductible debt at all then this is really the only way to go for an investment property loan.
If you are thinking about a long term buy and hold then consider a medium fixed rate of interest product. Many lenders are offering attractive deals with minimal fees.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.19%**
Licensed Financial Planner
http://www.yourstatefinance.com
[email protected]
Ph: 07-3720 1888Richard Taylor | Australia's leading private lender
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