Hi, I need some help with my situation. I own an investment property worth 600k with a 120k mortgage and am looking to buy a house to live In (about 550k)
So my questions are:
Should i raise my loan as much as i can on investment and buy through another bank the house I will live in?
Or stay with same bank and use equity and re arrange loans…[Read more]
Hi, yesterday i went to the bank to inquire about an investment loan for another property. I have about 200k in equity in my first house and 60k in cash. The place i was looking at is on the market for 330k and rented out for 430 a week with long term tennants…..(good buy) but the bank will only lend me 180k…..
As a rookie in this game, my…[Read more]