Recent content by Catapult

Rick, I read through your 'Blue Print' - very informative and inspiring. My question concerns: "So in year 11 ( 10 years since your 1st Ip) you have 250K equity in IP1 you can draw out (up to 80%) Tax free to fund your lifestyle or invest with." Does this mean you further borrow 250K to live...

continual redraw facility? Thanks Rick, Rolf & Aaron, All very clear. So now, as I understand the PIA software, each property has its own equation, which may or may not show the required 25% equity needed to invest in IP #2 ?? So therefore each loan needs to have some sort of...

[SIZE="4"]Hi, What is the general strategy when obtaining a loan if you already have property? Do you borrow say 80% LVR on the new IP? Or do you lump the loan all in together? (is this called XCOLL?) Thanks. Tim.