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Rolf Latham Moderator Join Date: Mar 2001 Location: Confused = Sydney, Brisbane and Gold Coast Posts: 9,976 Hi 888 An loc in this instance is ok to use provided this loc isnt mixed purpose. Remember that a LOC is just a loan type, nothing more nothing less, and the same...

Hi 888 An loc in this instance is ok to use provided this loc isnt mixed purpose. Remember that a LOC is just a loan type, nothing more nothing less, and the same rules that apply to loan structurig and for eg tax issues apply to LOC as well, but are a little bit compounded with the issues...

hi Rolf May I have your opinion? Would it be wrong to say that LOC great way to pay a 10% deposit when purchase an investment property and had no fund available in a saving account/offset account? T