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From: Mike .
Equity Loan
From: GC
Date: 02 Jan 2001
Time: 10:46:18
Hi All,
Being new to this game as compared to most of the experts on this forum I am currently looking at buying an investment property and many more to come. I already have a house to which I am thinking of using the equity to purchase the IP.
In this situation what will happen if I take out a loan using the equity of my current house, and after purchasing the IP decide to sell my original house? Will this effect the loan since it is based on the equity of my home?
Thanks for all your help GC
Equity Loan
From: GC
Date: 02 Jan 2001
Time: 10:46:18
Hi All,
Being new to this game as compared to most of the experts on this forum I am currently looking at buying an investment property and many more to come. I already have a house to which I am thinking of using the equity to purchase the IP.
In this situation what will happen if I take out a loan using the equity of my current house, and after purchasing the IP decide to sell my original house? Will this effect the loan since it is based on the equity of my home?
Thanks for all your help GC
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