Recent content by criz2181

How odd I posted a reply to this yesterday. Anyhow, thanks for your reply Jo :) I've heard from a Banker friend that technically as we're not discharging our loan, just converting it to an investment loan we should not incur exit fees. I don't think we've built enough equity in our IP (we...

Hi there...sorry 'bout that. We have a P&I loan on our PPOR, my parents are willing to lend me additional funds. I thought to maximise our situation we ought to pay off our PPOR loan with these additional funds so as to eradicate the non-tax deductible debt. I thought we could then focus on...

*bump* anyone out there who can offer some advice? anyone?

Hi there, I'm new here but loving the site. We have the opportunity to pay off our homeloan (with loan from parents). We currently have one IP (negatively geared) and are looking to purchase another potentially one with an existing house(which we hope to retain) and room to subdivide the...