Hmmmm
Maybe its just the terminology.
The way I see it is, if you have your PPOR up as security for your IPs it means you have them cross collateralised.
I certainly have loans that I claim interest on on my PPOR but the bank doesn't see my PPOR as security for the IPs.
Agree.
I voted no.
I do have an LOC and other loans on my PPOR that I use for deposits on IPs but my PPOR is NOT security for the IPs. The IPs have 'stand alone' loans, some with different banks.
I went to the cemetery yesterday and
there were 4 pall bearers walking around with a coffin.
3 hours later they were still walking around with it.
I thought to myself : 'These buggers have lost the plot.'
:rolleyes:
Sorry, that was bad!!!! .... but I liked it! :p
Ok, these are NOT tips, they're jsut a couple of local mines I'm monitoring.
SHE
SRZ
A third is not local and you'd know them but they've had their run, that is SMY. (And I've said that before and watched a stock go up 100%+ too...:rolleyes: )
Another that's getting in the news is...
Yep! That IS funny!!!!
The more I read on here the less I realise I know. ANd I know very little about any market but my own.
However... my opinion....
I"d think that putting a large chunk like that into a top end apartment would be kind of dangerous. Correct me if I'm wrong, but it...