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its no real benefit to do it like that for an ip the only benefit would be is if you wanted 2 turn your IP you currently have into a ppor otherwiase just use the cash, especially if you want to turn the new IP into a a ppor

you pay some funds from the offset into the actual loan say you have 100k in offset and no equity in a 200k loan @ 80% LVR and upon a revaluation the price hasnt moved so its still 200k so no gained equity that way you pay off what you require to use as a deposit + fees etc (say 30k) from the...

this is what id do but might not be correct or suit you ill simplify it 1) if theres no equity, pay the bare minimum (out of the offset) to create the equity needed to then redraw for a deposit for the next property if its an IP 2) if your purchasing a PPOR then you might want to just use...

it it that hard...? an offset, offsets the amount in the offset against the loan, which then make the loan think its balance is the amount minus the offset and charged accordingly eg. normal I/O loan 100k IR 6.5% repayments $6500 normal I/O loan 100k 10k in redraw loan amount based on...

h@pbp you basically have it right correct if its a PPOR IMO instead of drawing the whole 100k down and paying off i would only draw out and pay off the required amount for a 90% lend on the new property If it’s a IP correct if you have equity available to purchase the next...