Cross Collateralazation?
Can a property owner with multiple properties put a
lein on his own property do a refi on that prop to pay off the mortgage on another of his or her prop ?
This would be done in lieu of refinancing and getting cash out
What are the advanages of paying off mortgages this way ?
[ Edited by Niceguy1 on Date 05/20/2006 ]
lein on his own property do a refi on that prop to pay off the mortgage on another of his or her prop ?
This would be done in lieu of refinancing and getting cash out
What are the advanages of paying off mortgages this way ?
[ Edited by Niceguy1 on Date 05/20/2006 ]
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