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Thanks, I'd set up an offset account against your current PPOR Loan and put the inheritance into it. Then I'd apply for a Line of Credit against your current PPOR and get a loan pre-approved to buy an investment property. Use the funds from your Line of Credit to fund the deposit for your...

Thanks, Anyone else have any advice please? Im all ears.

Yes I have paid off close to 10,000 in around 6 months. The deposit bit i think i get but i cant draw off anything later to get another PPOR after i turn this one into a IP. Correct me if i am mistaken. i am just trying to get this set-up correctly for what i want later. It just seemed others...

Hi all, Sorry about this long story. :rolleyes: Just wanting to here as much advice as possible about decisions in the near future. Will do as much reading as I can etc but this seems like a good place for advice. Also am going to see a FP at the bank soon but he might be somewhat bias so I...