Are many lenders forcing unspeakable security demands on investors?
What’s the best method for escaping the trap?
Is it even possible to start investing from equity in a PPOR into a first, second, third and forth IP with out being trapped by a single lender?
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I assume you are referring to Cross collateralisation and some lenders do have a policy to do this, but others can be negotiated with.
I don't think any lenders try to force cross collateralising loans on people. Some seem to have a policy of trying to do it, but it you insist they should relent – if not, just go elsewhere.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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