From: Marc Krisjanous
Hi all,
I have been able to get my hands on Henry Kaye's material on property investment. After reading the information my wife and I are keen on testing the information. Currently we are working on a scenario before we go "Live"!
The scenario is:
We are using a Deposit Bond to hold the apartment and a month before settlement we will get the property revalued and get the loan based on the new value - hopefully the revaluation will guarantee that we get a 100% loan.
I have a couple of questions that I hope can be answered within this forum:
1. When would you use P/I or I/O loans?
2. How do you calculate rent?
3. Are there any pitfalls in doing the above scenario?
Please add any other advice you think appropriate - all advice is most welcome.
Best Regards
Marc
Hi all,
I have been able to get my hands on Henry Kaye's material on property investment. After reading the information my wife and I are keen on testing the information. Currently we are working on a scenario before we go "Live"!
The scenario is:
We are using a Deposit Bond to hold the apartment and a month before settlement we will get the property revalued and get the loan based on the new value - hopefully the revaluation will guarantee that we get a 100% loan.
I have a couple of questions that I hope can be answered within this forum:
1. When would you use P/I or I/O loans?
2. How do you calculate rent?
3. Are there any pitfalls in doing the above scenario?
Please add any other advice you think appropriate - all advice is most welcome.
Best Regards
Marc
Last edited by a moderator: