Just on lines of credit you might as well have them fully drawn down on or get rid of them. As long as a line of credit is open the Bank will deduct the full ammount of the line of credit from equity. Park your money in the market ride it up then pay the lines of credit out.
This suggestion is obviously dependant on the health of the Market and the interest cost.
- Forums
- Property
- borrow against your equity
Just on lines of credit you might as well have them fully drawn...
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