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| I've thought about your question for a day or so now hoping somebody would come up with an answer. My best guess is that whether you are re-mortgaging one property to buy another or just borrowing more against the new one probably makes no difference to the LP. Your liability ends up the same. Your equity ends up the same. Your cashflow/interest expense ends up the same. Therefore, the re-mortgage itself I'm thinking is a non-event. Just assume a larger loan for the additional property when telling LP about this plan. I haven't tried modeling this stuff in LP. It's just an educated guess. "Louise" wrote: - quote - > I'm using version 2007 and have added the future purchase of a property to my > lifetime planner. However, I now want to factor in a future remortgage of > that property which will be used to fund another one! > I'm quite new to MS Money and don't have a clue where to start. > Can anyone help? |
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| I'm using version 2007 and have added the future purchase of a property to my lifetime planner. However, I now want to factor in a future remortgage of that property which will be used to fund another one! I'm quite new to MS Money and don't have a clue where to start. Can anyone help? Thanks |
| Tags |
| adding, planner, remortgage |
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