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Reply: 3.1.1.1.1 From: Owen . This is exactly the difference between an offset account and a LOC and a very important distinction. If you intend to withdraw money from your "investment" LOC for personal stuff like a car then the interest for that portion of your debt (ie $20k) is NOT...

Reply: 2.1.1.1.1 From: Owen . In the bad old days there used to be differences between a "home mortgage" and an "investment mortgage", primarily different interest rates and a few rules. Today that is not the case. A loan for residential property is a loan for residential property. However...