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Old 05-30-2010, 04:30 PM   #13
Tw1anJOO

Join Date
Oct 2005
Posts
404
Senior Member
Default
Bro,

This is wat i will do - I will refinance or add with a re-advancable line of credit. The newly increased line of Credit will be a great help to acquire RE if the price dip. Even in the worst case, in the next 12-18 months having your paws on a source of credit is going to make a big diff
Yes Asychee.. thanks for ya input.. I am talking to the banker now, hopefully they'll approve it by allowing me to cash out more $$$.. thereafter, I'll enter into the market again..

I asked my original lender last month.. they only allow me to cash out 100k.. knn.. I hope the new lender will look into the actual value deeper..
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