20 Feb ‘Principle and interest’ or ‘interest only’?
‘Principle and interest’ or ‘interest only’?
When doing investment properties as a general rule have them at interest only. Sometimes a bank will not let you into a deal on that scenario, depending on your income and your debt levels for example. In which case, if the deal is a great deal and that is the only way you can get it, go for it.
We always recommend that you seek professional advice as this blog is for general information only