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Yeah, One option would be to distribute the cash to ourselves, then lend it back (with a loan agreement of some sort) but not sure how these things are viewed in terms of timeframes etc. I'd still rather use someone elses money ;)

Thanks all, I'm investigating a few options currently with Rolfs help. Paying cash is my get out of jail card but Im mindful of using the cash buffers (as aposed to equity drawdown) as the cash may be needed for non investment purposes in the future. In this case the refinance and drawdown...

Hi Guys, Thanks for responding. I maybe was a little unclear. I didn't revisit WBC via the broker so only one WBC Application, and one Bankwest one (this one via the broker). Rolf, I have sent you an email. Regards. Bruce

Hi All, After some help from the experienced brokers if possible as we're running out of options. We have about 3.9M of property including our PPOR. We have total loans of 2M against them (owing about 1.6M) and we currently have about 300k in cash offsetting various loans. All current...