We haven't hit it yet but I'm pretty sure we will after the next purchase
Can some of the finance gurus on here give us a rule of thumb - comparing incomes (+rental income) to loans outstanding and what further funds can be borrowed
Confusing I know but hopefully you understand what I'm asking
Reason is we don't want to buy a standard 5% yield with good cg prospects if its going to stop us from borrowing for a few years or until our incomes increase
Thanks
Can some of the finance gurus on here give us a rule of thumb - comparing incomes (+rental income) to loans outstanding and what further funds can be borrowed
Confusing I know but hopefully you understand what I'm asking
Reason is we don't want to buy a standard 5% yield with good cg prospects if its going to stop us from borrowing for a few years or until our incomes increase
Thanks