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Old 28-07-2020, 08:34 PM   #11
Utonian's Avatar
Join Date: Nov 2012
Posts: 147
doesnt sound too good

Assume you still having a mortgage on your first property as you mention paying half in cash. 2nd property can only loan up to 50%.
There is also ABSD of 12%.

seems like a lot of cash layout for a lot of uncertainty. If this is only a part of your "portfolio" then maybe, if its your only investment, quite illiquid
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