Investor Tips!
Автор: Track Financial
Загружено: 2024-04-07
Просмотров: 5
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Investor tips - Comment "Equity" below if you need help getting out of this situation! 📘
If you already have more than one property, or even if you are still planning your first investment property, be sure to understand these implications. Don't let a bank cross collateralise your properties, simply because it may look easier. You will lose all of your flexibility when it comes to transacting against these properties in the future 🏡
This could mean any restructuring, equity releases, or even sales of an underperforming asset, will be dependant on the remaining properties. If you have an underperformer, this could stop everything 🚫
It CAN be reversable however, so don't panic yet. We just need to start this processes sooner rather than later ⏰
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