A
Anonymous
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From: Anonymous
I have a question for anyone who can answer.
I have recently heard of a type of loan called a link loan, where you have two or more properties say one PPOR and one I.P.
The theory behind it is you do not have to make any payments on the I.P. ( for a time ) thus enabling you to pay down the Non - Deductible Debt quicker.
Once the Non - Deductible Debt is paid down you then start on the I.P. payments. The debt of course is larger then when you started. ( no free Ride )
I know that an Interest Only Loan would be similar but I thought I'd ask.
Cheers
Anthony
I have a question for anyone who can answer.
I have recently heard of a type of loan called a link loan, where you have two or more properties say one PPOR and one I.P.
The theory behind it is you do not have to make any payments on the I.P. ( for a time ) thus enabling you to pay down the Non - Deductible Debt quicker.
Once the Non - Deductible Debt is paid down you then start on the I.P. payments. The debt of course is larger then when you started. ( no free Ride )
I know that an Interest Only Loan would be similar but I thought I'd ask.
Cheers
Anthony
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