I'm in a situation where I have bought a motel FH but the loan is secured against the land component and my investment property. I am planning to...
Loan Tip: Can you Borrow Against Someone Else’s Property? Generally speaking (or writing in this case), to be able to borrow money you will need...
We will be signing the final loan documents at the bank prior to settlement next week. I am borrowing 600k for an IP. There are additional...
The home that I am residing (no mortgages on it) is to be used as security for an IP that I intend to purchase. Could I still sell my home down...
Yes, you should still be able to uncross collateralise securities on a loan while the loan is fixed and without breaking the loan. This doesn’t...
It is possible to use cash as security for a loan. This may sound crazy – you would need to put an amount equivalent to the loan into a term...
Cross collateralizing loan securities refers to using more than one security to secure one loan. Generally, a crossed loan will have 2 securities,...
As described last time, see Loan Tip: What is Cross Collateralisation? , Cross Collateralisation is where more than 1 security is used for one...
Cross Collateralisation is where more than 1 security is used for one loan. Cross securitisation is another term for it – crossing collateral or...
We are leveraging the equity in our home to purchase our first IP. Some books I have read recently have said don't let the bank use your home as...
Loan Tip: Using Cash as Security for a loan It is best not to use cash as deposit for an investment property, especially if you will have a main...
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