Canna Campbell

What's the terms and conditions?

Is it a 25-year loan?

Is it a 30-year loan?

Is it principal and interest?

All these sorts of things come in.

And this is where the big thing with these huge changes is more than ever before, people are going to be leaning on interest.

financial planners, accountants, and mortgage brokers for really good quality advice as to what to do.

And it's not going to be set and forget.

There's going to be tweaks and changes to the overall strategy to get them to where they want to be.

And it's going to force people to really look at their goals here.

And a lot of people are going to have to adjust their goals to perhaps being now more passive income driven.

It's a very fluid situation, and the banks seem to be bouncing around with their rates, with their rules and regulations that they have to adhere to.

I mean, it's quite complicated.

It's quite political and economic, so I won't go into too much detail.

But it's definitely going to be harder to get these types of loans.

But it's really going to boil down to the rate that you're able to secure.

And what is best for your cash flow situation?

And there are going to be people who are in a situation where actually having interest only does still work for them.

You know, you can still have an interest only loan and still have a cash flow positive property.

Yeah.