Taking a loan can be goodfinancial decision while buying a house for both Residential
as well asInvestment Needs, as you get tax breaks for the same. However, you have
to keep in mind that theamount of your EMI should not be substantially higher than
the rent you paidliving in a rented accommodation.
If you are buying forinvestment make sure that the Debt Service Ratio is at least
above 1.25 so thatyou can cover all the costs of the owning the property.