Search results

Normal - not sure. It is my preferred method but probably the most common way people do it is the mistaken way of paying cash and/or cross collateralising securities.

2nd question. Whether you go 80% or over will depend on how much equity you have and how far you want to go and how quick you want to get there. Small amount of equity may mean you want to put in lower deposits to stretch things further.

You just have to worry about mixing borrowed and non borrowed money together. The problem with some IO loans is that you cannot pay someone directly from the loan account. This means money has to be removed from the loan (i.e. borrowed) and put into a savings account and from there to be paid...