103, RE: Protecting my equity Posted by wwcap1, Wed Dec-20-06 07:04 AM
Pepper:
Huh? If you are borrowing money, there is no equity involved to worry about. If you borrow the rest of the money you need, you don't give up equity, you just must qualify for the loan and keep 100% of your equity.
If you are dealing with a lender who wants equity and payment of interest and principal, run like hell because they are going to cheat you.
Kent Capener Capener Consulting, LLC http://www.capenerconsulting.com
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