Use leverage, but not too much⁠

Over the long run it is good to allow capital growth and/or capital repayments to eat through the debt on your asset. I aim for an average 60% or less loan to value across the portfolio.⁠ ⁠ At this level there is room to breathe when the market crashes (and it will).⁠ ⁠ You are less likely to breach commercial lenders loan to value covenants.⁠ ⁠ You can refinance with another lender without needing to find significant sums to get lender to release charge on the building.⁠