Search results

  1. Peter_Tersteeg

    Quick Q: Can plain old land be used as equity?

    My 'ruthless' opinion is that capital gains makes people far more wealthy than cash flow. Cash flow however is necessary however, because it allows you to hold your portfolio whilst it grows in value. It's also dictated how large you can build your portfolio. The weakness of capital gains is...
  2. Peter_Tersteeg

    Quick Q: Can plain old land be used as equity?

    Did something exactly like this before Christmas. The client owned some land outright and wanted to buy a new home. Loan 1 was to access the equity in the land which became funds for the deposit and purchase costs. Loan 2 was directly against the purchase of the new home. The two were...
Back
Top