Thankyou so much, you have given me some real insight and things are starting to look a little clearer.
Yes i very much agree with you Michael, i did over do it on the 3rd house.. I really should not have stepped into that committment, at the time i didnt but you know us girls….. when it comes to shopping and a good bargin we cant…[Read more]
I guess the logical answer to this one is .. you have to show the bank that you can service the loan. Someone has to pay for the loan when there are no tenants in or if rent being paid doesnt cover your loan. Remember having an investment property is more than just covering the loan, dont forget your other expenses, certainly and income is going…[Read more]