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Old 09-02-2010, 04:10 PM   #30
gcg2503
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Quote:
Originally Posted by Auslandau
If you can afford it on borrowed money .... go for it! Bugger the wait. Only around once.
Totally agree with the above

Some people consider borrowing against equity in property as a bad thing

For example, if you have close to $2m equity in properties is it still considered a bad thing to draw down $60-$100k for a dream muscle car?

It all boils down to whether or not you can service the debt in my opinion.
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