Hi all,
I'm trying to help a 74yr property investor increase his cashflow.He has about 4 ips and lives off the rent ,approx 20k per year. all are freehold and wants some extra cash for lifestyle.all ips are high growth and would be silly to sell so that would be his last option.
Could he get a lo doc at his age and what l/v ratio would be would they settle for. He's not your average 74yr old and have told him he's good for another 25 (imagine the growth he would miss out on if he sold now)
Any other ideas would be appreciated
Thanks Bushy
I'm trying to help a 74yr property investor increase his cashflow.He has about 4 ips and lives off the rent ,approx 20k per year. all are freehold and wants some extra cash for lifestyle.all ips are high growth and would be silly to sell so that would be his last option.
Could he get a lo doc at his age and what l/v ratio would be would they settle for. He's not your average 74yr old and have told him he's good for another 25 (imagine the growth he would miss out on if he sold now)
Any other ideas would be appreciated
Thanks Bushy