Richard M changed their profile picture 6 years, 6 months ago
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Richard M‘s profile was updated 7 years, 7 months ago
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z3252165 replied to the topic Finance maximisation by unencumbering a property? in the forum Help Needed! 8 years ago
If i uncross the properties will it give me greater access to finance?
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z3252165 replied to the topic Finance maximisation by unencumbering a property? in the forum Help Needed! 8 years ago
Hi Richard,
Apologies for the poorly written piece earlier. In clarification, I have 2 positively geared properties currently cross collatoralised. The original loan was $200k. I have been putting the excess positive cashflow plus additional funds back into the loan such that the current loan remaining is at $100k. The properties has been valued…[Read more]
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z3252165 started the topic Finance maximisation by unencumbering a property? in the forum Help Needed! 8 years ago
Hi All,
I have got 2 properties currently cross collateralised into one loan. I have had this loan for 3 years and a significant amount of debt has been paid off leaving me with about $100k of equity. Moving forward I am looking to do a few property trades with some capital i have saved up to help reduce my remaining debt to zero. My question…[Read more]
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z3252165 started the topic Finance maximisation by unencumbering a property? in the forum Help Needed! 8 years ago
Hi All,
I have got 2 properties currently cross collateralised into one loan. I have had this loan for 3 years and a significant amount of debt has been paid off leaving me with about $100k of equity. Moving forward I am looking to do a few property trades with some capital i have saved up to help reduce my remaining debt to zero. My question…[Read more]
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