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Selling property to consolidate your debt on other mortgages

Started by propertyfag, February 19, 2008, 09:39:21 AM

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propertyfag

For those with multiple properties, have you ever considered selling off a property only to reduce debt on another property?

It's a safe move, but the rate of return won't be so great in the longrun.

Any thoughts?

Badger

I would only sell to fund another interest, if this ment to buy some of my debt to enable me to progress with something yes, but i would try hard to find other means first