All Topics / Creative Investing / equity

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  • Profile photo of brunohbrunoh
    Participant
    @brunoh
    Join Date: 2006
    Post Count: 1
    March 10, 2008 - 9:03 am

    Hi to all

    My partner and i have an investment property each with 2 seperate mortgages ,we want to use the equity in both to buy another ,wich way would be the best way to go ?

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    March 10, 2008 - 11:53 am

    Hi Brunoh

    Sorry to be so vague but you havent given much information away.

    if you want to part with a little more we can offer some structured suggestions.

    Richard Taylor | Australia's leading private lender

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    March 11, 2008 - 12:23 pm

    It may be a good idea to get an extra loan on one or both investment properties (depending on the LVRs) and to use this for deposit on the new investment property

    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

Viewing 3 posts - 1 through 3 (of 3 total)

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