Total Members: 159,196

R123ed

  • R123ed replied to the topic Loan structure in the forum Help Needed! 11 years, 9 months ago

    Thanks Richard

  • R123ed replied to the topic Loan structure in the forum Help Needed! 11 years, 9 months ago

    Thanks again guys, your knowledge is invaluable.

  • R123ed replied to the topic Loan structure in the forum Lol Terry 11 years, 9 months ago

    Lol Terry
    Thanks Jamie
    I was of the understanding that if you default on your loan the banks will come after you which is any assets you own not just the property you have with them.
    Are you suggesting use another lender for property 2?

  • R123ed replied to the topic Loan structure in the forum Help Needed! 11 years, 9 months ago

    Thanks Terry
    I am not sure what you mean with Line Of Credit? Why is it important to not cross collateralise.

  • R123ed replied to the topic New investor in the forum Help Needed! 12 years, 2 months ago

    Thanks Tom and Terry

    Richard did you get my email i tried to send you my details on the weekend but am not sure if it went through. If not can you let me know and i will send it all again.

  • R123ed replied to the topic New investor in the forum Help Needed! 12 years, 2 months ago

    Thank you for your replies every bit of info helps.

    My current property is principle and interest.  – Jamie M

    How am i able to find out how much equity i have in my home? Is it as simple as subtracting what is owed from what was paid or do i have to find the market value? If the later how do i find this answer? Would i just ask my local…[Read more]

R123ed

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