How much EQUITY do you really have?

The Mortgage Adviser,
The brain-dead dopes doesn’t necessarly mean on this website.But then It might.
Like some of the newbies,with their first posts.”please help me, as this is my first post.How do I get started?” Etc, etc.
If you have people who relate to Henry Kaye and swear by his systems, then you can convince people of anything.

So let’s suppose that you have a fellow who is up to his neck in debt. Owns his own house. borrowed all the equity that’s avaliable in his house and invested in three or four investment properties.
Has one loan covering the entire debt.
He now realises his mistake and wants to break the loan into three or four loans.With different loan offices.
Again his problem is that he signed for five years
fixed interest, interest only. With four years to run of the contract.
I should imagine this situation would not be new to you.
How do you help him?

bruham.
One property millionaire.

G’day The Mortgage broker,
You were right, Yesterday was a black day.I work seven days a week.I’m not use to having three days off.
Day one,Christmas Day, It passed beautifully.
Day two, Boxing Day, came through. No worries.
But that third day almost killed me. So bored. I couldn’t even read.I tried, but the brain wouldn’t co-operate.
Jumped onto the website and didn’t read the post properly.I had to have a go at some one.Your post got me.
I’m not going to apologise- sign of weakness.
Mother says a sign of good manners.

Day four, I WORKED and loved it.
Back to my A-soll self.

bruham.