Cross Collateralazation?

Can a property owner with multiple properties put a

lein on his own property do a refi on that prop to pay off the mortgage on another of his or her prop ?



This would be done in lieu of refinancing and getting cash out



What are the advanages of paying off mortgages this way ?

[ Edited by Niceguy1 on Date 05/20/2006 ]

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