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Thanks - so what are the various loan types and general terms % rate/term for the ways I can use my equity/money for a deposit? EG. LOC, Supplementary loan, refinance current loan?

Currently I have my PPOR home loan with ANZ which I do not mind keeping - I am wanting to upgrade to a bigger place as my PPOR but keep my existing place as an investment property using that equity as a deposit for this new loan. My main question is how should I best structure the 2 loans? Is...

I currently have our PPOR and interested to know the ins and outs of selling my property in regards to CGT. We have been here for 5 years the first 11 months it was rented out when purchased. If we sell today what CGT would I be liable for? How is that 50% discount calculated? If I rented out...

I am jsut after some recommended mortgage brokers in Sydney and possible options for home loans. At the moment I have a house worth approx $410k with $375k home loan owning - $15k offset which i would like to keep for emergency money. I am wanting to option approx $400k loan for investment...

Thanks looks like a good broker is the way :) any recommendation in Sydney?

I don't mind paying LMI as part of the loan...I'd rather get the loan to begin with then not.... I'm in Sydney thanks for the info.

I am looking to purchase an IP but basically have no deposit but am happy to get a loan 100% if I can just to get started....just not sure how hard this is still? At the momment have PPOR worth about $400k with $378k owing ....$20k in cash (prefer to leave this in offset for emergency)...

Thanks for the replies, learning alot :) Might go speak to my accountant about all that and see my options....as it sounds like I am in a very similar situation to yourself.

So what I am sorta getting is that I shouldn't look at my PPOR as that but just another IP? :) So do all people just do interest only on ALL their HL for properties? Is there a point that I would change it to Principal and Interest again if I went all interest?

I suppose the big reason I also want to pay it off as it's a bigger loan and didn't get any financial help/headstart with deposit... If I the loan was about 50% or less owing then I probably wouldnt be so fussed with paying it off also...and would just get stuck into IPs...sorta where I am...

good questions and I have thought about it...there are so many different ways to go about it, with no real wrong way. I guess what I am after is: 1. Pay off current house ASAP so that it is 100% owned, for security and I suppose in having this security would be more likely to use all spare...

I suppose as this is my first home, the security of owning this. Then all spare money can go towards further IPs without having to worry, if anything bad happens I sell an IP etc. Just at the moment with my current HL it only leave enough room to get a smaller IP right now....

Thanks for the input, so it would be a realistic view to invest in say a $250k property or so and sell it in 8-10 years for a possible double or so in price to pay off my current HL? I know there is alot more too it, but in general just wonder if I am on the right track or totally wrong...

Hey everyone, first post on the forum :) Just after some advice and opinions on some good or not so good options in my current financial situation. At the moment I have a townhouse that i am living in and will be for the forseeable future. Currently there is about $360k owed on the HL and...