Generally, the word on the investment street is to avoid cross collateralising securities for loans. This is generally a good position to take....
Cross collateralisation refers to using 2 securities for the one loan. i.e. mortgaging 2 (or more) properties for one loan. It has no effect on...
Just having a barney with a second tier lender that uses Panel Solicitors This was raised by a savvy borrower Im no legal person, but the red...
Due to my position currently, I have 3 properties over 3 banks. To take advantage of some professional related LMI my MB is looking to move me...
Is it called cross-security? I have 2 properties. Property A is 80% LVR and property B is 50% LVR. The broker suggests me to borrow more money...
hi all, I understand the pitfalls of cross collateraisation mortgages, however, is there anything wrong with having separate mortgages but with...
Is the follow loan structure considered crossed? We have been recommended to take out two loans for the one investment property, one loan is...
Hi All, I would like to seek some generic advise about my current situation. Back story: My wife and I migrated to Australia and finished uni...
Hi Property Chatters, I've had a good read of existing forum posts, but I'm still clueless. I'm sorry if this is a super obvious question. We...
Hi all, Long time lurker, first time poster after some thoughts. We are in a bit of a pickle, have 2 properties in mining towns, one loan...
Would rather sell his mum's house and make her homeless, than sell his own :mad: ‘My life is being shattered’
Hi All, Need some help. currently I have the following loan structure Owner Occupy Loan A: 500K variable P&I with offset (all money in goes)...
hi, so I'd like to go against all good advice here to avoid cross-collateralization and doing deals with family members.... * IP1 is in...
Hi, so I'm hoping people can critique my thinking! Be MEAN! I've also put a few questions, in bold. So I'm finally moving out of my parents home...
i know it's not good to cross securitise when purchasing property but what about using your ip as collateral on an equity loan to finance a granny...
I have been reading some old threads from the infamous Dazz on SS. It would be great to have him contribute here again! For those budding CIP...
Cross Collateralising involves using more than one property for one loan. In the past I have said never cross - but you should never say never as...
Hi @Terry_w, I read your advice on setting up the loan and trying to avoid cross collateralize the properties, etc….they are very helpful!...
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