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  1. B

    Structure of IP2 Loan

    Hello, I'm looking at purchasing my second IP in the near future. I have a loan of 320k for IP1. IP1 currently valued approx 450k. I was looking at using the equity available as deposit for IP2. From what I can gather, my available equity will be 40k ? Am looking at IP2 approx value 280k...
  2. B

    Equity and Tax

    Hi, This has probably been covered but am after some advice/information. Am currently refinancing my investment property and as a result have access to approx $50k in equity. In refinancing, my broker has suggested taking the $50k in cash and parking it in an offset account attached to...
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