I have a hypothetical question. Say for example you are planning to build your ppor. The chance of it ever becoming an ip is 1%.
If you had enough cash in the bank to build the house would it be wise to use the cash to build instead of getting a loan?
Once the build is complete equity could be extracted if funds are needed to purchase ip's.
Can anyone see negatives with this strategy? Would it just be better to borrow and place the funds in an offset against the loan?
If you had enough cash in the bank to build the house would it be wise to use the cash to build instead of getting a loan?
Once the build is complete equity could be extracted if funds are needed to purchase ip's.
Can anyone see negatives with this strategy? Would it just be better to borrow and place the funds in an offset against the loan?