“I just got an unconditional approval for a loan… split into two portions, one at 6.14%… we guarantee our rates at 6.1.”
JH
Jack Henderson
Mo Money ·
Jack Henderson · Asset Rich with Jack Henderson · Is Rentvesting Dead?
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secured an unconditional approval for a $6.5 million loan split into two portions at 6.14% and 6.34% interest only
$6.5 million; 6.14%; 6.34%
“I just got an unconditional approval for a loan… split into two portions, one at 6.14%… we guarantee our rates at 6.1.”
“Someone who chooses interest-only on the investment split usually maximises the deductible interest and directs all surplus… towards a non-deductible home loan”
“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”
“They said, you get a loan, it's interest only... I took a couple of million dollar loan... I could pay the interest off... I could pay the money back without having to sell any shares.”
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