sorry Zennifa, but I really strongly disagree ....
I disagree with investing in ANYTHING if you dont know anything about it.
With property investment - you need to do the sums really carefully, and know the market well if you are going to risk all of your financial future.
Interest only loans are risky. You are basically relying on the capital gain of the property over a relatively short period of time in order to make a profit.
Over long periods of time, the property market is a strong, stable and great investment. Over short periods it can be very risky .... especially if you do not have the cashflow to see out difficult periods of low rental returns, vacancies, property damage or low capital growth.
If you have to sell for financial reasons ... because you cannot make the repayments, you lose a LOT.
Companies such as The Investors Club ... are for-profit businesses. Never forget - they make money when you invest. They get paid 6% from the vendor when you buy a property through them. That means they are NOT an independant advisor giving you the best advice for you. (I am not suggesting anything bad about them, they may be great .. but be aware of their own financial interest when you take advice from them) The same as finacial advisors attached to banks - make money from the trusts and managed funds they get you into.
At the end of the day, if you have some spare cash but not a lot - put it into your mortgage. Pay that off as quickly as you can, and then when you can afford it, sell your property and buy the next one up .....
*I am an accountant, who owns several investment properties and works in the property development industry.