All Topics / Hotch Potch / redeeming Equity

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  • Profile photo of LLJackLLJack
    Member
    @lljack
    Join Date: 2003
    Post Count: 5
    November 20, 2003 - 12:18 pm

    Hello,

    Could you elaborate on what you mean when you mentioned
    ‘You can only turn your capital appreciation into positive cashflow by redeeming your equity through refinancing.’

    Regards
    Jack

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    November 21, 2003 - 6:53 am

    hmm

    Whoever said that may mean increasing the loans as the equity increases and using these funds as deposits on further cashflow positive property.

    You could actually keep increasing your loans and using the money as tax free living expenses IF your property is growing much faster than you are using it.

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

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