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Updated almost 10 years ago on . Most recent reply

User Stats

111
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3
Votes
NA NA
  • Au, Au
3
Votes |
111
Posts

Different approaches

NA NA
  • Au, Au
Posted

Some investors uses hml tobuy and refinance to pay

Assuming hml fund 75percent or 100k price hse that would be come out pocket 25k 3 months pick up another hse same price at 75 percent and out of pocket 25k

A yr from hml fund ing investor have to pay off the hml and three months another hml is due

What does this approach has any benefits

An investor might affter loan at 75percent on buying both hses rather than using hml

Not only points are saved and prevent paying high interest

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