When should you use Interest Only Loans? (Pros & Cons)

  Рет қаралды 5,998

Luke Wiles

Luke Wiles

2 жыл бұрын

Chatting about interest only loans and how you can use them to your advantage!
🏠 Looking for a Brisbane Buyers Agent?
Book in a Free Strategy Session: www.purposeproperty.com.au
🛠️ Find Our Triple Gable Queenslander Renovation episodes here:
• Triple Gable Queenslan...
🎯 Socials
/ purposepropertyaus
/ purposepropertyaus
/ _lukewiles
🎬 Videos
BRISBANE AUCTIONS | • BRISBANE AUCTION | Pos... & • Attending a Brisbane A...
BRISBANE PROPERTY BOOM | 5 suburbs for massive growth in 2021: • BRISBANE PROPERTY BOOM...
EMPTY HOUSE TOUR | Our Triple Gable Queenslander Episode 1 | Renovation Series: • EMPTY HOUSE TOUR | 192...
HOUSING BOOM OR MARKET CRASH? | Australian property market 2021:
• HOUSING BOOM OR MARKET...
🔎 Disclaimer
No Legal, Financial & Taxation Advice
The Listener acknowledges and agrees that:
Any information provided by us is provided as general information and for general information purposes only. We have not taken the Listeners’ personal and financial circumstances into account when providing information. We must not and have not provided legal, financial or taxation advice to the Listener. The information provided must be verified by the Listener prior to the Listener acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener’s accountant. The information may not be suitable or applicable to the Listener’s individual circumstances. We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have not provided financial services to the Listener.

Пікірлер: 8
@LJLancaster
@LJLancaster 2 жыл бұрын
the videos i've been waiting for. Thanks dude!!
@chojr5730
@chojr5730 10 ай бұрын
Thanks bro, Would love to have a chat with you!! I just bought a 2 investment property, 1 is priciple and interest and the 2nd is interest only. This is the answered i was looking for!! Hear from you soon! Thanks
@ronalvalerio1195
@ronalvalerio1195 6 ай бұрын
Thank you for the video
@JuneJuneyJunJune
@JuneJuneyJunJune 6 күн бұрын
If you fully offset the amount in an I/O loan, does interest repayments goes to $zero?
@cenriquez101
@cenriquez101 3 ай бұрын
Nice video! I have an OO and planning to use the equity to purchase our 1st investment property. If I plan to expand my portfolio, would you recommend interest only for my first IP or PI?
@lukewiles1
@lukewiles1 3 ай бұрын
IO FOR IP :)
@tref7981
@tref7981 4 ай бұрын
Interest only means the home will never be paid out. Why would you want that??
@lukewiles1
@lukewiles1 4 ай бұрын
Park all the money in the offset and have more choices
Should I Go Interest Only (IO) OR Principal & Interest (PI) Loan in 2022?
10:42
Personal Finance with Ravi Sharma
Рет қаралды 28 М.
OVERRATED: The Worst Property Advice Ever
18:22
Luke Wiles
Рет қаралды 10 М.
1❤️
00:17
Nonomen ノノメン
Рет қаралды 13 МЛН
ОСКАР ИСПОРТИЛ ДЖОНИ ЖИЗНЬ 😢 @lenta_com
01:01
The danger of an interest only mortgage - DON'T DO IT
20:10
Conversation of Money
Рет қаралды 3,3 М.
Why are Buy-to-Let mortgages INTEREST ONLY?
8:31
Jamie York
Рет қаралды 6 М.
Biggest Mortgage Hack! Interest Only vs Interest + Principal | $1,000,000 Equity
12:27
Personal Finance with Ravi Sharma
Рет қаралды 26 М.
Ranking Property Investment Strategies (Best To Worst)
14:00
Luke Wiles
Рет қаралды 6 М.
Wanna move to Brisbane? WATCH THIS FIRST!
14:17
THE Brisbane Channel
Рет қаралды 405 М.
SAVE Tax & Borrowing Power Through "Master Limit" Debt Recycling | Property Investing Australia
24:00
Australian Property Mastery with PK Gupta
Рет қаралды 17 М.
Pay Off Mortgage vs Invest - Which is Better?
14:58
Australian Property Mastery with PK Gupta
Рет қаралды 13 М.
How to make an OFFER on a HOUSE (Buying BLUEPRINT)
10:55
Luke Wiles
Рет қаралды 5 М.
The Worst Finance Mistakes Every Property Investor Makes
12:14
Luke Wiles
Рет қаралды 3,9 М.
1❤️
00:17
Nonomen ノノメン
Рет қаралды 13 МЛН