More Rental without Losing Your Low Rate
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More Rental without Losing Your Low Rate
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About this listen
Are you a real estate investor with significant equity in your rental property but don't want to sell or refinance to access it? This article outlines a smart strategy to tap into that equity without giving up your low-interest-rate mortgage. We'll explain how a second mortgage or "second lien position" can provide the cash you need for a down payment on a new property. You'll learn the key benefits, understand the simple math behind the process, and get practical advice on how to balance new debt with your cash flow to continue growing your portfolio wisely.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.