Have $300,000 and a home loan? Before buying an investment property, consider putting the money into
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Have $300,000 and a home loan? Before buying an investment property, consider putting the money into your mortgage offset account. An offset account can help reduce the interest you pay on your home loan, while buying an investment property may mean taking on more debt and additional risk. Remember, leverage can work both ways. Property values can fall, and investment returns are never guaranteed. The right strategy depends on your financial circumstances, goals and risk tolerance. #PropertyInvestment #MortgageOffset #AustralianProperty #FinancialEducation #robgoudie
Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Robert Goudie is an Authorised Representative (No. 235974) of AFSL 495401.
The information provided in this article is general in nature only and does not constitute personal financial advice.