What Are Interest-Only Property Loans And How Do They Work?

I‘m always on the lookout for articles with the potential to positively change a business. What’s your take on the following points I came across recently?

Interest-only loans can enable property investors to minimise their mortgage repayments, redirect their cash to high-returning investments and take advantage of a booming property market — but they’re certainly not for everyone.

Investors have a lot of choices to make when they’re building their property portfolios — Where will they buy? Will they look in capital cities or regional areas? Will they purchase a house or a unit? Does the property need a renovation? Will the renovation need to be cosmetic or structural? Which is more important: cash flow or capital growth? 

These choices don’t come up just once. A property investor may decide to target an existing cash flow positive regional house with renovation and value-add potential for one purchase and finance the mortgage with one of the four major banks.

I’d be really interested to know your opinion. Check out the full article here https://www.smartpropertyinvestment.com.au/advice/finance/14952-what-are-interest-only-property-loans-and-how-do-they-work and then I’d be happy to discuss with you by phone (0418) 708-112 or email [email protected] 

Thanks,

Melissa