Should you get an interest only loan? Day 14 | 21 Days of Property Investing

In today’s episode, we explore the pros and cons of choosing an interest-only loan versus paying off the principal. If you're unsure whether to focus on paying down the principal or just covering interest, this episode is for you. We break down an example, review key statistics, and discuss who you should work with to make the best decision for your financial situation.Get the full 21 day email course: https://mhq.co.nz/21daycourse21 Days Property Investing Course Playlist: https://www.youtube.com/playlist?list=PLXoakFK-96Kx8jzZI4HMDFltI8Sw2_efeLearn more: https://mhq.co.nz/mortgage/should-you-get-an-interest-only-loan-day-14-21-days-of-property-investing/

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"Old wealth is built by owning more, new wealth is built by owing more." Welcome to Leverage Addicts, the podcast for purpose-driven entrepreneurs, investors and hustlers who want to maximize their time and capital by using leverage. Join us as we dive into the world of property investing and explore the different journeys of successful investors. We'll dissect real-world deals and strategies, and give you the tools you need to navigate the market and make the most of your investments. Whether you're just starting out or looking to take your portfolio to the next level, this is the podcast for you. So, come along and learn how to build new wealth by owing more with us.