maestro replied to the topic Equity Rich But Cash Poor in the forum Help Needed! 14 years, 8 months ago
I too have hit a ceiling on my ability to borrow more. I am half self-employed and half salaried (it’s complicated!) My bank has told me that even though my portfolio is cahflow positive and the deals I am looking at are cashflow positive, because my tax return doesn’t show significant earned income, I can’t borrow any more.
I have good equity…[Read more]