“I just got an unconditional approval for a loan… split into two portions, one at 6.14%… we guarantee our rates at 6.1.”
Jack Henderson · Mo Money · #524 Is Rentvesting Dead? w. Jack Henderson
Play from 7:49
7:49
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What was described
offers clients a guaranteed loan interest rate of 6.1% by splitting a $6.5 M loan into two portions (6.14% and 6.34%)
$6.5 M loan; 6.14% and 6.34% interest portions; guaranteed rate 6.1%
Said nearby on the same subject
“I just got an unconditional approval for a loan and signed loan docs on Saturday. It's a $6.5 million loan and it was split into two portions, one at 6.14% interest only investment and one at 6.34%. So we guarantee our rates at 6.1%.”
“Loan split… $500,000 non-deductible home loan… put $100,000 into the loan, split it into $400,000 or $100,000 and then go invest $100,000 in shares”
PN
Pat Noll
Equity Mates Investing Podcast ·
How they work$500,000 loan split into $400,000 non-deductible + $100,000 deductibleShare this moment
“Someone who chooses interest-only on the investment split usually maximises the deductible interest and directs all surplus… towards a non-deductible home loan”
“SolarSaber, our package, is one of the ways to be able to do that, to be able to offer low interest loans through ECA and through them accessing, for example, a rates assistance scheme”