https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/Ep_73-Are_multiple_loan_applications_best_practice_or_damaging_for_your_credit_profile.mp3Podcast: Play in new window | DownloadSubscribe: RSSBe careful of lodging multiple finance applications, in quick succession, implying that you can’t get finance, or you’re desparate for cash. What’s more common though are clients who have gone direct to a bank for pre-approval, but then come to us (Long Property) afterwards, either for better service, […]
Ep #73 – Do multiple loan apps damage your credit score?
Ep #72 – Pros & cons of JV property deals
https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/Ep_72-Pros_cons_of_JV_property_deals.mp3Podcast: Play in new window | DownloadSubscribe: RSSWith the decline in borrowing capacity over the last nine months we have seen more and more clients ask us about the idea of partnering with a friend or a family member in order to buy a property. This may seem like a great idea initially as there […]
Ep #71 – When to choose Interest Only vs. P&I
https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/Ep_71-When_to_choose_Interest_Only_or_P_I_repayments.mp3Podcast: Play in new window | DownloadSubscribe: RSSToday we discuss the difference between principal & interest (P&I) and interest only (IO) repayments. What are the typical differences for each? How will each impact your monthly cashflow? Is paying down debt wiser in all cases and why you might choose to pay interest only even on […]