$900,000 equity loan for other investment. For equity loan you even don't have to give your the reason for the loan. Just tell the bank: I want the money. The interest payment on this loan can be deducted for your income tax. After some time you may want to switch equity loan to a fixed mortgage if you predict the interest will be higher. Of course my disclaimer is you are at your own risk to get this loan. good luck. Remember timing is everything. At this time you try to get your feet wet in Beijing realty market? to buy high and sell higher as a momentum player? Look before you jump.
Suppose you have paid off your mortgage and your house is worth US$1m, talk to your bank to get -- ceo/cfo - (609 Byte) 2005-1-22 周六, 04:58 (361 reads)
