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Example: You have 2 house House A you buy for $600k House B you buy for $400k You have total cross loan for $800k (LVR 80%, no LMI) Now sometimes later, you need some cash, so decide to sell House B Let's say you can sell House B for $440k (good yes?). So you expect to be able to get $80k...

Fullylucky, When you sell a house, the bank can keep all the proceeds (depending on their recalculations) and you may not see all, or ANY cash until you sell all your houses that are crossed (we have had some people on this forum happen to them - me included). The Y-man