Investment Property Portfolio replied to the topic What’s rich?? in the forum Opinionated! 17 years, 7 months ago
This is where Re-Financing comes into the picture.If you have a portfolio that is worth U$1mill. and it is growing at say 15% per annum (A conservative estimate here in sunny South Africa at the moment) then you effectively have U$120 000 to use at the end of the year (80%x15%xU$1mill)! This excludes any positive cahflow from the rental income…[Read more]