Hi John. I have just been asked/told by my potential future lender to reduce my credit cards, and was also told I could do it temporarily, to get...
No this is not possible. The interest on those funds would not be deductible. Thanks Terry, for confirming my suspicions.
Thank you for the much anticipated post - any advice on how to structure loans if the bank is willing to lend you more against your IP (or IPs)...
Hi Terry, I was wondering about your scenario in the case of multiple IPs. I'm confused as to which account your rental income goes into. Is it...
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