“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%.”

Jack Henderson · Asset Rich with Jack Henderson · Is Rentvesting Dead?

Play from 6:41
6:41

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What was described

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%

Said nearby on the same subject

“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 ·
Pricing $6.5 M loan; 6.14% and 6.34% interest portions; guaranteed rate 6.1% Share 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”
AG
Aidan Gullman
Financial Autonomy ·
How they work Share this moment
“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 deductible Share this moment
“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.”
♫
Said on The Finance Garage
Automation a couple of million-dollar loan Share this moment

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