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  1. K

    How to release that equity?

    Reply: 2.1.1 From: Ken . Rolf I am selling 1 of the IP, my estimated value of the remainder is $500k, borrowings needed to cover existing debt is $330k. PPOR borrowings is $110k. Am having discussions with the local Community (bendigo) bank, they have offered professional rate of 6.15% for...
  2. K

    How to release that equity?

    Reply: 2 From: Ken . This topic has got me thinking that I may be about to go down the wrong road. I currently have a PPOR as well as 4 IP's. The whole lot is x-col in that the mortgage for the PPOR is at 80%, as it is for 1 of the IP's, 2nd is about 40%, and there is no mortgage on the last...
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