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  • Profile photo of AnnecAnnec
    Participant
    @annec
    Join Date: 2011
    Post Count: 3
    April 8, 2011 - 9:07 am

    Thanks Richard,

    I am trying to get my head around this. For option 2, when you say “take out a sub loan on the security of the PPOR”, do you mean to take out a line of credit?

    Profile photo of AnnecAnnec
    Participant
    @annec
    Join Date: 2011
    Post Count: 3
    April 3, 2011 - 8:20 am

    Thanks Richard for your advice,

    I own the property alone and my annual salary is $80K.

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