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  1. P

    It's complicated....

    Throwing some ideas around. How about getting a resi LOC in our personal names, then renting the warehouse back to the business? That way if things go belly up business wise our house is still safe? Also, wondering if I could do something similar with the equipment loans to access resi rates...
  2. P

    It's complicated....

    Waiting on a call back now. Will let you know what he recommends (it's good having a check up service lol).
  3. P

    It's complicated....

    Also working on getting a commercial lease in place from one of the companies we subby to. This would impact the structure I think?
  4. P

    It's complicated....

    It is a warehouse to put on our property (we have 30acres). Saying that we could increase our resi LOC and buy the warehouse with that. Worried about the impact on serviceabilty though - with the loans rolled into a business LOC our repayments would be lower even with the extra for the...
  5. P

    It's complicated....

    I hate going through bankers but my broker doesn't do business stuff. I have an equipment finance guy (hence the different banks for all the business stuff) but he can't do the warehouse! Also, if we roll all the loans into a business LOC will could potentially save $1000/m on repayments (which...
  6. P

    It's complicated....

    Hubby and I are in a partnership - landscaping (primarily artificial turf). I am the one who does the property stuff. Quick run down as it is all getting very complicated and making me nervous about setting it up right in the beginning: PPOR - loan with CBA, 2 LOC already to fund entry...
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