Reply: 1.1.2.1.1.1.1.1
From: Nigel W
Terry
I would have a personal aversion to using an LOC for everyday living unless it has an interest free period like a credit card.
Isn't that just converting good debt ie debt to acquire income producing property into bad debt?
Reply: 1.1.2.1.1.1
From: Nigel W
maybe that should be:
Capital Growth is King (until you need your property to buy the groceries, in which case Cashflow is King). Its all a question of what you need.
