Reply: 1
From: Jakk Bass - The SLUM LORD
G'Day Rick,
In 1995 I sold a property that had an Equity Loan (LOC) over it for $80,000.
The Sale price was around $120,000 and I had the lot put into the LOC and there was a positive balance of approx. $40,000 in there for a few weeks.
I suspected...