azza77 became a registered member 10 years, 6 months ago
azza77 replied to the topic new to site and have a question in the forum Help Needed! 10 years, 7 months ago
Sorry for the confusion,
What im trying to achieve is using the cash as deposit on a investment loan but il borrow % 100, so I get my deposit back then purchase the IP, with the cash I used to obtain the loan for the IP then use that to borrow for my mortgage to purchase a block of land and build my home to live in. Hope that makes more sense,
Thanksazza77 started the topic new to site and have a question in the forum Help Needed! 10 years, 7 months ago
Hi,
I am in the process of selling my first home to build again, my question is, with the cash I make can I use that money as security for a investment loan (% 100 interest only) then buy an IP, once i have brought the IP can i then use that cash to purchase the land and start the building process, I will be renting in the meantime.
Thanks