Search results

  1. Terry_w

    IPs have I contaminated my loan?

    Not sure what your question is. but, if I understand correctly, If you sell a property securing these loans it could be an issue when the loan has to be repaid but the property the loanw as used for is still owned. So maybe best to increase the loan on the new property in say a years...
  2. Terry_w

    IPs have I contaminated my loan?

    You can't pay cash for something and then later reimburse yourself for this. So the interest on the reimbursement portion would not be deductible and therefore you would create a mixed purpose loan. Why not just get a bank cheque drawn from the loan? Or get transfer directly into the real...
Back
Top