Search results

  1. MickStephens

    Interest only loan question...

    Oh I know this very well !!! I work with/for an Italian Family who probably own the most real estate in our town. If anyone knows the Werribee area at all, you can probably guess their surname....
  2. MickStephens

    Interest only loan question...

    Thanks guys. So basically its using the banks money to invest into a property which will increase in value (As will rental prices) and in time not only start paying for itself but start to create a return. Also, having an IO loan, any extra cash I would usually use on the principle of...
  3. MickStephens

    Interest only loan question...

    Hi everyone, I like to write questions down as I think of them. A question that has come to mind is what the benefit of an interest only loan is if used for the life of the investment? I usually try to answer my own questions, so please correct me if im wrong :D If we borrowed $200,000...
Back
Top