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ha! and you know - it was only 18m ago i was asking the same Q.

LOE = Line of Equity. you use the equity to fund future purchases - akin to an LOC (Line of Credit) but it a predetermined amount based on the valuation - at time of application - of your portfolio (or IP depending if X-col). it's using CG to fund future acquisition, without the rigmorol of...

i choose IO with a 100% offset - that way the cash at hand is only a bank cheque away. otherwise you have to re-sign every-bluddy-document under the sun to access $50k for a deposit for something else. or if you choose to, you can use the offset money to rid yourself of the debt it's tied to...