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  1. Mike

    Equity

    Reply: 1.1.1 From: Mike . Hi Nic, Sorry for the late reply, just had to make some enquiries. Here are the 3 options: I have a home mortgage with sufficient equity to purchase an investment property. Should I: 1. Apply for 105% loan and use equity in home for 20% deposit? 2. Apply for...
  2. Mike

    Equity

    Reply: 1 From: Mike . Hi Firefrog, Here is one way that you can do it: Miss Jackie Davis owns her own residence (that she's been paying off for a number of years) and wants to purchase an investment property but doesn't have enough cash for a down payment. Her owner occupied residence is...
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