With this type of loan you will only repay the interest portion of the loan NOT the principal. The full term of the loan could be up to 30 years but the interest only term can only be for 1-10 years of this term. During the interest only period the original loan amount will not reduce. Once the interest only period has finished the loan with revert to a Principal and interest loan until the end of the full term.
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"My brother and I purchased an investment property from Acquired after being recommended by a
friend. Their research, customer service and professionalism made the process simple and easy. We wouldn't hesitate buying through
them again."
Justin Furno
"Initially I was unsure of how to build a property investment portfolio, however Acquired
were helpful, approachable and listened to my concerns; explaining everything in simple terms."
Evon Kong
"Acquired made a great impression with their expertise and knowledge. Their
professionalism is just one of the reasons why I chose them to help expand, and look after my property portfolio."
Paola Astudillo
"Acquired made a great impression with their expertise and knowledge of property
investment. Their professionalism is just one of the reasons why I chose them to help expand, and look after my property
portfolio."
Paola Astudillo
"I highly recommend Acquired for all your investment needs. They are true professionals with
outstanding business acumen and integrity."
Richard Narria
"My brother and I purchased an investment property from Acquired after being recommended
by a friend. Their research, customer service and professionalism made the process simple and easy. We wouldn't hesitate
buying through them again."
Justin Furno