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From: Mike .
NITTY GRITTY
From: TH
Date: 6/21/00
Time: 9:23:58 PM
I wonder if Jan Somers ever reads these articles. Any new books being planned Jan?
Anyway, what if you have one owner occupier LOC mostly paid off and another IP also LOC half paid under the (portfolio loans) well described by Pierre in a previous article, but you would like to purchase another IP or 2, what is the best refinancing ploy to take ?
I believe keep owner occupier as LOC, refinance 2nd IP to IO at lower rates than LOC and purchase any additional IP's as interest only, maybe fixing a couple for three years?
Thanks all for your experiences.
NITTY GRITTY
From: TH
Date: 6/21/00
Time: 9:23:58 PM
I wonder if Jan Somers ever reads these articles. Any new books being planned Jan?
Anyway, what if you have one owner occupier LOC mostly paid off and another IP also LOC half paid under the (portfolio loans) well described by Pierre in a previous article, but you would like to purchase another IP or 2, what is the best refinancing ploy to take ?
I believe keep owner occupier as LOC, refinance 2nd IP to IO at lower rates than LOC and purchase any additional IP's as interest only, maybe fixing a couple for three years?
Thanks all for your experiences.
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