The thing with living off CF is that your returns ATM might be based on IO loans, which is good and dandy whilst still working.
Once you enter the end game and carrying any amount of debt against the IPs they will probably be P&I as it would be hard to get the IO period extended because your serviceability drops once you stop working (in the bank's eyes).
But at that stage either the rents have increased and you could have paid down some debt, so it might not be so much on an issue.
Just sayin'.
Once you enter the end game and carrying any amount of debt against the IPs they will probably be P&I as it would be hard to get the IO period extended because your serviceability drops once you stop working (in the bank's eyes).
But at that stage either the rents have increased and you could have paid down some debt, so it might not be so much on an issue.
Just sayin'.