Highly leveraged Investa's utilising Interest Only loans (usually max five years),,, banks are refusing to roll over to another period of IO at the end of the term, forcing them to pay Principal + Interest.
This will cause serious Cash flow problems, depending on the number of properties.
just ask this Somersoft lass
http://www.somersoft.com/forums/showthread.php?t=71752
- Forums
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- a warning for the leveraged up speculator
a warning for the leveraged up speculator
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