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  1. L

    Can you use equity for a deposit for an IP without injecting your own cash?

    Well serviceablitity isnt a problem IP 1 repayments are around $370 a week (self managed) and renting for $400 a week Wage is $55,000, I live rent free. Parents have retired and are sailing around Aus for the next 3 years so living in there place rent free for a min of 3 yrs :) Have...
  2. L

    Can you use equity for a deposit for an IP without injecting your own cash?

    Well that's set me back a bit with my plans :rolleyes:
  3. L

    Can you use equity for a deposit for an IP without injecting your own cash?

    Hello! I'm having a look around for my 2nd IP atm and am not to sure if I need to inject any of my own cash. My 1st IP Loan amount - $307,000 Value - $440,000 Available equity - ??? If I wanted to purchase a place for around the $400,000 mark would I need to inject any of my own...
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