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Amherst WI | He most certainly can borrow against the equity and many people do but if things go south the whole train is then hooked together and headed off the cliff instead of just the caboose.
Unless your debt to asset ratio is on very firm ground I wouldn't do that.
Save the down payment for that next property and keep things separate. Maybe even go to a different lender than you have now for that loan when the time comes, unless your totally debt free by then. | |
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What to do with cash
