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Reply: 2.1.1.1.1 From: Sim' Hampel Hmm... do we allow third-party-spam ? ;-) (I also recommend Rolf's services !)

Reply: 1.1.1.1 From: Sim' Hampel The total borrowings must be less than 80% of the value of the property, so 80% of $300,000 = $240,000... now there is already a loan of $130,000... so that leaves $240,000 - $130,000 = $110,000 of extra equity that can be redrawn.