Six tactics to pay off property debt faster

Whether you have one property or five, rising interest rates can hit hard.

If debt levels are an issue holding back further property portfolio expansion, there are ways to hasten the paying down of debt.

As well as reducing interest expenses, banks will also factor in debt levels when lending, so reducing debt is crucial on several levels.

Six strategies to pay off a property portfolio faster

1. Use an offset account: An offset account is lik…