Should you refinance to buy an investment property? 🏡 Short answer: Yes, if the numbers stack up. You can borrow up to 105% (including costs) by tapping into your home equity. Great for maximising tax deductions on investment debt. BUT here's the reality check: ➡️ More debt = higher repayments. ➡️ Rental income doesn't always cover the full loan ➡️You need to be comfortable topping up any shortfall The secret? Getting your debt structure right from day one. Comment 'HELP' if you want to find ou
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Should you refinance to buy an investment property? 🏡 Short answer: Yes, if the numbers stack up. You can borrow up to 105% (including costs) by tapping into your home equity.
Black Pen Lending. . Should you refinance to buy an investment property? 🏡 Short answer: Yes, if the numbers stack up. You can borrow up to 105% (including costs) by tapping into your home equity. Great for maximising tax deductions on investment debt. BUT here's the reality check: ️ More debt = higher repayments. ️ Rental income doesn't ...
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