vmail
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Post by vmail on Jan 16, 2017 14:07:06 GMT
When the investor loan money out, do they own part of the assets?
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Post by trentenders on Jan 16, 2017 19:09:47 GMT
No
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hazellend
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Post by hazellend on Jan 16, 2017 19:43:26 GMT
But you have a charge on the assets, which means any proceeds from the sale must be used to clear your debt first/second/third
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adrianc
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Post by adrianc on Jan 17, 2017 8:50:49 GMT
When the investor loan money out, do they own part of the assets? Do you have a mortgage? Does the lender own part of your house?
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vmail
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Post by vmail on Jan 17, 2017 13:40:30 GMT
When the investor loan money out, do they own part of the assets? Do you have a mortgage? Does the lender own part of your house? No. Not applicable.
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vmail
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Post by vmail on Jan 17, 2017 13:41:20 GMT
But you have a charge on the assets, which means any proceeds from the sale must be used to clear your debt first/second/third Thanks.
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adrianc
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Post by adrianc on Jan 17, 2017 13:43:27 GMT
Do you have a mortgage? Does the lender own part of your house? No. Not applicable. But you are familiar with the concept...? Exactly the same.
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