Total Members: 159,209

phillhill21

  • phillhill21 replied to the topic Using equity to purchase property’s in the forum Finance 18 years, 10 months ago

    Hi Derek,

    You gave me a fright i thought i had boo booed.
    I double checked to make sure i haven’t crosscolaterised.
    I haven’t it was my ability to service the loans independently, I still have a hell of alot to learn.

    Phil [glum2]

  • phillhill21 replied to the topic Using equity to purchase property’s in the forum Finance 18 years, 10 months ago

    Hi All,
    I have been following this disscusion with great interest as i am new to investments and this type of forum.
    I have just brought two IP’S using the equity in my owner occupied place, without having to get a separate deposit loan.
    I may have been lucky to get away with this because i was under a certain limit i don’t know.
    But my thoughts…[Read more]

phillhill21

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