Mortgage for shop?



ORIGINAL POST
Posted by traineeinvestor 12 yrs ago
We got 50% at the same rate we were paying on residential properties - but that was a few years ago. My wife went to a seminar on investing in retail properties a few months ago and the case studies all used 50% gearing but didn't specify the interest rates.


Retail/industrial is a hot area right now - do you still think there are good opportunities?

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COMMENTS
Scruffy Angel 12 yrs ago
Just be careful! Prices are pretty high now. Usually, Banks offer 50% of THEIR valuation at interest rate like P - 2.3%.

Good luck!

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