The Third Con - It Can Stop You From Investing Further

It can stop you personally growing your portfolio later on down the track and this depends a little bit on your lending. Often banks will look at the servicing on the whole mortgage on that rental property rather than your 50% or third share. So what that means is that when you go and apply to purchase your next investment property what happens? The servicing will just be much worse. And the third one is actually the opposite of what Andrew said before. Yes it can be fun to invest with your friends but it also can ruin a relationship. You need to agree up front really clearly what the terms of that deal are going to be.