Considering your current house and land values, along with your income and existing investment property, it seems like you’re in a good position to embark on this project. However, getting professional advice from experts, like Mortgage Broker in Gloucester, is essential. They can assess your specific circumstances and recommend the most suitable…[Read more]
Though my response is late, I hope it can still be helpful to you and others.
With such a significant investment, loan structuring is crucial for optimizing your financial strategy. The idea of having P&I for your PPOR and Interest Only for the investment property sounds reasonable, as it can help you manage cash flow and maximize tax benefits.
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