Is An Interest Only Mortgage For You? This depends a lot on your situation and probably more on what you think the property market is going to do if you are an investor. Interest only mortgage have significant lower repayments as they have no principal amount attached. This alone provides a great incentive for investors Read more about Interest Only Mortgage[…]
Cross collateralisation occurs when the bank uses the security for one loan to secure another loan. What you want to aim for is to have any property you own, investment or otherwise, financed with free standing finance
Remember cross collateralisation can bring your real estate investment financing plans to a standstill.
The Benefits and Downfalls of Negative Gearing Try our loan repayment calculator here. Its similar to a negative gearing calculator One of the biggest hurdles in purchasing the first investment property is getting your head around the fact it may be “losing” money every week. What is called negative gearing is the fact the cash Read more about Negative Gearing[…]