Forum Replies Created
- Originally posted by Colin Gowan:
Hello Reglinda,
I’m not sure liberate the equity is the right kind if thinking.Hi Colin,
Could you expand on this some more?? Are you suggesting another method of obtaining the required cash for Reglinda to start the deal?
I’m finding this post interesting as I am the partner of a very enthusiastic and well-read first-time investor who is keen to sell our existing family home (in which we have 70% equity) to fund a number of deals. My only concern is the level of risk that’s involved.
The deals are currently vapour, and we have not completed one deal yet, and the lack of these things IMO makes this proposed activity a high risk.
Most of the posts here seem to hover around suggestions of “educating” the “unmotivated” partner. I don’t consider myself either of these, granted I may not be as well read on this topic as my partner, but I have read a few books on the subject. I am keen to invest in property, and even sell the family home to do so, but would like to proceed with a little more caution just on the first deal.
So I’m interested to see your take on Reglinda’s options Colin.
Cheers