Ask Michael Anything [Video] – Principal and Interest loan vs Interest only

Property Investment
Ask Michael Anything [Video] – Principal and Interest loan vs Interest only

Getting the right loan strategy is a crucial element in property investing.

Watch as I discuss the various options property investors need to consider.

This week's question:

Hi,

Would it be worth taking a principal interest loan, as appose to interest only, because it would be low interest rate and I could re-finance later to access the principal.

Or, should I take an interest only loan, where higher rates are available?

David

Ask Michael Anything [Video] - Principal and Interest loan vs Interest only

Watch this video on YouTube

YOU MAY ALSO BE INTERESTED IN:

ASK MICHAEL ANYTHING [VIDEO] – BUYING THE RIGHT INVESTMENT

ASK MICHAEL ANYTHING [VIDEO] – HOW TO GET THE RIGHT SELLING AGENT

ASK MICHAEL ANYTHING [VIDEO] – WORST PROPERTY ADVICE

ASK MICHAEL ANYTHING [VIDEO] – 1 BEDROOM APARTMENT VS. LOCATION

About Michael Yardney Michael is the founder of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.