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	<title>PropertyInvesting.com | Kevmeister | Activity</title>
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				<title>Kevmeister replied to the topic Cashflow Positive, Negatively Geared in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4364769-cashflow-positive-negatively-geared/#post-4411491</link>
				<pubDate>Thu, 05 Sep 2002 05:48:48 +0000</pubDate>

									<content:encoded><![CDATA[<p>chucky:</p>
<p>no, not that Kevin.</p>
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				<title>Kevmeister replied to the topic Vendors leaving % into the deal in the forum No Subject</title>
				<link>https://www.propertyinvesting.com/topic/4364744-vendors-leaving-into-the-deal/#post-4411269</link>
				<pubDate>Thu, 05 Sep 2002 02:30:53 +0000</pubDate>

									<content:encoded><![CDATA[<p>A dumb question, but why would a lender (the bank or the vendor) want to be in a situation where the LVR is 100%?</p>
<p>The $500K property is security for $400K to the bank and $100K to the vendor.</p>
<p>I have no real knowledge of 2nd mortgages so is the bank more entitled to the security (as a 1st mortgage) than the Vendor, with a 2nd Mortgage, if&hellip;<span class="activity-read-more" id="activity-read-more-286135"><a href="https://www.propertyinvesting.com/topic/4364744-vendors-leaving-into-the-deal/#post-4411269" rel="nofollow">[Read more]</a></span></p>
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