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Rich people live on debt What would it look like to access equity without selling the business? That is the question behind this part of the seller call. I walk through a hypothetical refinance and how a lump-sum distribution could fit into a longer ownership plan. The example assumes the park reaches a $7 million value in five years and discusses potentially accessing $3–4 million through refinancing. Those are future assumptions, not a current appraisal, a lender commitment, or money already r
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The increase will push up the cost of borrowing money for things such as mortgages and credit cards but can offer a boost to savers. #InterestRates #BankOfEngland #Mortgage #Money #BBCNews
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