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Thanks Jess I'll let my broker know of the new plan, we have 2 months before settlement so time shouldn't be an issue. Thanks again, your help has greatly been appreciated.

I was going to just use my PPOR as security as it's easier but I do understand there is a risk as both properties could be at risk. I currently have a split loan with ING which was set up for the 10% deposit on the Ip. If I extend that to say 20% and then get the 80% with Mebank will interest...

Thank god I got that part right, yes it was set up as a split. Thanks again.. Oscar

Thanks for the reply Jamie I just got off the phone to my broker who said just leave it the way it is and give the accountant a schedule or what the loan covered and he can sort out what interest paid was for the investment loan which is tax deductible and what isn't. I don't like that idea...

Thanks for the reply Jess and Terry. Settlement will be end of July. The valuation should be fine as the purchase price is in the same ballpark as other similar sold properties in the area. Some have sold for a little less and others little more. I do have some financial wriggle room in shares...

Hi everyone, I'm in the process of getting an investment loan for an OTP property and would like to know if I can add the stamp duty, conveyance fees, depreciation report and new curtains/blinds to the loan. I will be borrowing roughly $22000 more than the cost of the property to cover these...