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	<title>PropertyInvesting.com | Loose Nut | Activity</title>
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				<title>Loose Nut replied to the topic Thinking of buying first IP in the forum Thanks guys!
Can anyone</title>
				<link>https://www.propertyinvesting.com/topic/4398102-thinking-of-buying-first-ip/#post-4613098</link>
				<pubDate>Sat, 19 Dec 2009 02:57:04 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thanks guys!</p>
<p>Can anyone explain to me how using the equity in your current house to buy a new house works?  How much do the banks let you borrow against your original house generally?</p>
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				<title>Loose Nut replied to the topic Thinking of buying first IP in the forum Thanks guys.  Is what I am</title>
				<link>https://www.propertyinvesting.com/topic/4398102-thinking-of-buying-first-ip/#post-4613095</link>
				<pubDate>Thu, 17 Dec 2009 11:42:32 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thanks guys.  Is what I am thinking about doing to reduce stamp duty alright&#8230; aside from the hassle of having to move twice in 6 months.</p>
<p>Also, would I have enough equity in my house to get a loan for an investment property?</p>
<p>And yes, I meant we owe $237k not $337 <img src="/wp-content/uploads/smileys/smile.gif?x75824" width="" height="" alt=":)" title=":)" class="bbcode_smiley" /></p>
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