Tuesday, November 25, 2008

The Sliding Mortgage

The Sliding Mortgage Jack Cummings writes the book Real Estate Finance & Investment Manual: The sliding mortgage technique is when you slide a mortgage from one property to another. In essence, you replace the security to the debt with another asset. By moving that specific debt from one property, you are substituting collateral. The new collateral may be other real estate or some other asset. One situation would be when you want to assume a favorable existing mortgage because of its

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