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Is it possible in principle? Ta

Jiggling equity loans?Is this possible. We want to sell IP1. But it has two equity loans against it up to a total of 92k. We need a deposit of 100k to buy our PPOR and so if we could move the equity loans off of this property, we would not need to sell two properties, just the one. If we did...

There?s something with pensioners whereby their PPOR is exempt when calculating the pension amount. So you could live in a $3m house and still receive full pension. What is used to assess the pension is your income from other sources such as annuities, savings, etc. So my parents receive about a...

Speaking of family, what makes this more interesting is that we want to buy my parents home to be our PPOR ... They want to downsize and said they need to sell. Yet we also thinking what is best for them re govt rules for retirees. They are pensioners in good health with no other property ...

Hi Jess that is intriguing, I've not heard of using term deps that way. How does it work? We have no term deps set up now.

I doubt it as we bought a new property using 90% LVR only in April. with the purchase of the family home we can arrange it to be before or after settlement of sale of the IP because we are buying the house off my parents in a private sale. Which order do you recommend?

We will be buying but buying a PPOR. However we will also keep another IP...maybe can put that equity loan onto that??

We have an equity loan secured against an IP which was used as a deposit for a further IP. if we sell the first IP (that has the loan against it) , do we have to pay out that equity loan? Or are there other options? The LVR of the new IP is 90% and bought in April15.