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How do you keep purchasing properties?
Agree with your LeoT about capital gain being the king. Some NRAS haters automatically assume that NRAS cannot have capital gain or has weaker capital gain potential (a quick google search will throw this argument in the readers face). I agree that it definitely reduces your scope and...- Redom
- Post #73
- Forum: Property Finance
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How do you keep purchasing properties?
NRAS does have a financing effect on serviceability, but one that can be managed. I've posted on the financing side of things a couple times in detail on the forums. http://somersoft.com/forums/showpost.php?p=1189733&postcount=4 http://somersoft.com/forums/showpost.php?p=1189753&postcount=7...- Redom
- Post #72
- Forum: Property Finance
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How do you keep purchasing properties?
Yep. Rule of thumb, rough calc, reducing your credit limit by 1k adds to your borrowing power by 4k. :)- Redom
- Post #59
- Forum: Property Finance