You can borrow against other property to purchase management rights. The Banks will consider up to 80% of the market value of your property less any current debt. eg: your house is worth $800,000 with a debt of $200,000. $800,000 x 80% = $640,000 Less current debt $200,000 Available equity $440,000 (This amount would allow you to consider a business … Continue reading Borrowing against property
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