When should you use Interest Only Loans? (Pros & Cons)
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- Опубліковано 8 вер 2024
- Chatting about interest only loans and how you can use them to your advantage!
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Thanks bro, Would love to have a chat with you!! I just bought a 2 investment property, 1 is priciple and interest and the 2nd is interest only. This is the answered i was looking for!! Hear from you soon! Thanks
the videos i've been waiting for. Thanks dude!!
Thank you for the video
The answer: never
If you fully offset the amount in an I/O loan, does interest repayments goes to $zero?
Nice video! I have an OO and planning to use the equity to purchase our 1st investment property. If I plan to expand my portfolio, would you recommend interest only for my first IP or PI?
IO FOR IP :)
Interest only means the home will never be paid out. Why would you want that??
Park all the money in the offset and have more choices
Have you seen how much interest they charge on mortgages? The warning is literally in the name, interest only, aka money you pay that straight up is gone for forever.