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so know one here can help me about on the software for http://www.mortgagewatchdog.com.au ?
Did i post in the wrong section?
help anyone?
Originally posted by Terryw:You can also buy a new property without increasing your loan. You can use this property as additional security for the new one. (cross collateralising the loan). If this case you can borrow, in total up to 80% of the combined value of both properties without paying LMI.
Terryw
Discover Home Loans
Parramatta
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Just send me a blank email, with “subscribe†in subject line.Could you please explain in detail how I can do this? So if I go this route I will not have to refinance the first property to realease the cash to use as the deposit for the second property?
So as an investor if done carefully I can have his assets as secruity so that if the developer screws up they will have to sell there assets and repay the money that I invested?
Has anyone here ever invested into thse developments and actually got there money back?
No I havent yet, do you mean tax deduction on the building? or something else?
Originally posted by adambc:Rexilla99,
No ideas of my own, but have you asked the PM of the complex? Perhaps if other owners in the complex have furnished their places, the PM might know how they did it and have some tips for you???
Best of luck!
Adam
Don’t let life get in the way of living.
Thanks for the reply, I havent ask yet but I sure will. In the mean time if there are websites with pics on furnishing ideas that member can post links up.