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it's all hypothetical.

i never said that.....why do people put words into my mouth? you guys are confusing me and it's my comment you're debating.

DB, the $300k would come from browwoing against the clear an unencumbered title. so it ends up being $250k at an 80% lend against it....point is, you use the unencumbered title for a better lending rate/conditions. point is, you're using the unencumbered title as leverage and getting a hassle...

because witha clear and unencumbered title, most banks will doa 50/50 loan on another comm property. so add the $500pw you're gettig now, plus the potential of a further $500 a week against (somethign bigger but mortgaged) and that's $52k a year without blinking and a $900k portfolio...