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  1. S

    Loan setup: equity loan with offset account for future IP

    Our everyday account only had $758.64 when the $158k went into account in 4 separate transactions ($78k, $50k, $10k, & $20k bank allocation of the loan money). I transferred the money out exactly in those same amounts. No other transactions occurred between them going in and going out so the...
  2. S

    Loan setup: equity loan with offset account for future IP

    The plan would be to split the loan in the future if really needed. Thanks I will look at transferring remaining funds back to loan.
  3. S

    Loan setup: equity loan with offset account for future IP

    Hi, I wouldn't mind comments on my loan setup. I didn't want cross- collaterisation like my bank suggested and came up with this: 1st loan: Secured against the investment property 80% value (approx. $320k and disbursed at settlement). * * 2nd loan Secured against our home equity for the...
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