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Hi Rolf, Thank you very much for all your time and assistance with my questions. I really appreciate it :)

Hey Rolf, I am really just trying to get a better understanding of the finance side of things as opposed to this being around my personal situation. I have never delved into drawing equity for investing. The reason I said no LMI is because I'm curious as how that would look for IP3 not...

Could someone maybe help me get me head around this with an example? Let us say I have my PPOR valued at 500k with 300k loan. I then also own an IP valued at 300k with 200k loan. I now want to buy another 2 IP's valued at 350k (including closing) each and do not want to pay LMI. How is this...

Thanks for all the responses, it is starting to make more sense. Could I ask then let us say you own 5 IP's and each has let us say 50k useable equity. Would you be best to draw the 250k equity and put it into 1 single main loan and then use that to offset your PPOR to reduce the non tax...

So in my example is what you are saying is draw the maximum 200k and then park it in a redraw/offset facility on the PPOR so the interest payment is the same. Then take 80k from that to purchase the IP and leave the remaining 120k still available in the redraw/offset for if/when required. If...

Let us say your property value is 500k and your remaining loan is 200k meaning 300k of equity or 200k useable equity before invoking LMI. Now let us say you want to buy an IP valued at 400k including closing costs so only need an 80k deposit. Is there any reason/benefit to drawing more or all...