kinglion
Junior Member
- Jun 1, 2019
- 197
- 72
Im not a wealth consultant (disclaimer hehehe),Very smart and definitely the ideal way to go about it.
I want to invest and will probably have to go the loan route but like you bring up, don't over due it on the leverage. And if I am keeping my eye on the mountain and not using the money I get from renting it out for anything other than paying the loan off it should work out.
If you take a loan, take one with fixed interest for atleast 10 years. I know, you will get a little bit higher intereset. But you will have the security not to get fuc ked when there are rising intereset rates.