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  1. J

    Drawing equity for new PPOR

    Thanks again Aaron. Mate, I am looking to set this up and get pre-approval so that we are prepared. I noticed you're based in Melbourne, do you recommend any good brokers in Sydney? Thanks.
  2. J

    Drawing equity for new PPOR

    OK, I didnt think about paying more LMI on smaller property to release more equity. We have actually previously paid LMI on Property to about 86%, if we keep this loan with the same bank does that mean we could potentially take the LVR back up to the same amount at 86%, ant not have to pay LMI...
  3. J

    Drawing equity for new PPOR

    Just to add to the above detail, I don't think loan approval in terms of servicing the loan would be too much of an issue. My current annual package is about $150 k and my wife's is about $ 80 k. We currently have no dependants and no other personal loans / car loans. Thanks.
  4. J

    Drawing equity for new PPOR

    Hi, I am just seeking some advice in regards to loan structuring / finance. I am at the beginning of the Investment journey, I have previously owned an IP in regional NSW but sold it because it was underperforming. Currently, my wife and I have a 2 bed, 1 bath, 1 garage villa which is...
  5. J

    Confuse Tax implication

    Hi, I have a similar question. We bought property A in Otober 2010, I lived in it for approximately 8 months and moved to a regional area for work, where we bought property B in 2011. Property A is now worth approximately $600k and the loan is $400. We have been treating Property A as an...
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