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  • Profile photo of Borat5000Borat5000
    Participant
    @jgeorgiou
    Join Date: 2015
    Post Count: 3
    June 11, 2016 - 7:13 am

    Thanks Corey,

    So why is your borrowing power not affected by your other home loans with the other lenders? I understand it will be affected by some extent, but choosing your lenders obviously lets you advance further, but why?

    Profile photo of Borat5000Borat5000
    Participant
    @jgeorgiou
    Join Date: 2015
    Post Count: 3
    March 21, 2016 - 11:08 pm

    Thanks for the replies guys! Very helpful information. Terryw that example is interesting as she would eventually get her cash back, I suppose your just adding a middle man to the whole ‘draw on equity, buy more plan.’

    In the long run if all goes well these properties will fund retirement for the two of us anyway.

    Yeah a legal professional is a must.

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