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Danny Banda
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Investment property refinance

Danny Banda
Posted Jan 7 2023, 11:37

I have one investment property looking at taking equity out. Currently have $150,000 equity built up. I have done spoke to some vendors offering 75% LTV offering 100k in getting cash out. My goal is to buy a second investment property. I'm stuck in the next step do people normally take that 100k use it for a down deposit for the next property but than that means, a separate mortgage will be needed to complete that or just try to find a property near what getting out of my property which is 100k

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