Ep 360: Factors to consider when setting a property budget
Read full blog here.In this episode, Campbell Wallace explores one of the most crucial steps in any property journey: setting the right budget.He breaks the process into two key questions, how much you can borrow vs. how much you should borrow, and explains why borrowing capacity alone shouldn't drive your decision.Campbell outlines:How to calculate a sustainable borrowing limit based on your surplus investable cash flowWhen it might make sense to borrow to your full capacity, especially for younger investors with a long time horizonWhy property quality should trump quantity, and how to avoid…
The skinny
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