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    Refinancing for 1st IP - Offset account and use of funds question

    Hi all, My wife and I are about to access the equity in our PPOR to invest in some IP's. PPOR should be valued at about 850k, we currently owe 80K on the mortgage. Plan on refinancing with a different bank at 80%, secured by our PPOR. This is our first IP and I'm just trying to work out...
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