Hi all.
Just thinking. I bought my latest ip on a 95% lend and soon I hope to subdivide. It is currently not crossed with another property but after subdivision I assume it's value may drop a bit due to the loss of land. Will the bank then need more security. Possibly the new property. Can this be avoided ?
Just thinking. I bought my latest ip on a 95% lend and soon I hope to subdivide. It is currently not crossed with another property but after subdivision I assume it's value may drop a bit due to the loss of land. Will the bank then need more security. Possibly the new property. Can this be avoided ?