Monday, November 21, 2016

Invest in a property at a discount

I have been approached on several occasions for my views on buying a property to be rented out. The investor wants to borrow 80% and use the rental income for the mortgage payment. They did their calculations and are convinced that it is a good way to make a large capital gain. They are tempted by a property that has dropped by 10% to 15% from its peak.

I give my views in this video

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