I realise Richard knows a hell of a lot more then me, but im just learning, this will be my first IP, im just enquiring why it is a sin to do it, i can understand if you have a few properties, even 2, but unless me and my partnesr loose our jobs(not likely), and cross collateralising is saving dollars and some headache i dont see why not. but as i said, im here to learn.

Cheers,

I have just met with my broker to buy my first IP, and he suggested i do cross-colaterise mine because of cost saving/easier and easier for tax reasons, should i change this do u think…