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    Cross Coll/Loan Splits

    Not me but on behalf of a family member.. Situation as follows: Currently own PPOR outright although there is a small redraw still available on fully paid off mortgage. Recently purchased an IP at auction, currently in settlement period. 5% deposit on exchange of IP contracts was...
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    Drawing borrowed funds through 'clean' offset

    Sounds like a standard strategy, just wanted to run it past a few of you to see if there are any holes. Living in PPOR, looking to buy IP. Lender has advised that they can reval and top-up the PPOR to 80%LVR and create a split loan (existing loan with offset and new loan with an offset)...
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    Convert PPOR to IP and Redraw for new PPOR

    Hi all, Posting on behalf of a family member in the following situation which I imagine is fairl common. Currently live in PPOR, loan principal fully paid down (no offset) but still active and redraw available Want to buy a new PPOR and convert existing PPOR into IP Obviously they can't...
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    Deductibility of interest after Reval/Redraw

    Hi, Long time lurker, first time poster. Have done a good search through the forums and read through many posts to find an answer to my question. Think I'm on the right track but wouldn't mind some extra opinions. Purchased IP for 650k, 80%LVR, 520k loan with offset. Could currently...
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