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  1. albanga

    Refinancing cost ? Where to allocate?

    Thanks Paul and Terry I think I do understand, obviously having the PPOR makes this much simpler. Without the use of a LOC (say you have no usable equity) then from my understanding you would simply do my scenario as follows: PPOR with offset (400k loan) LOAN 1 IO with offset (300k loan)...
  2. albanga

    Refinancing cost ? Where to allocate?

    Very much so! So can I ask, what would be the best structure in the following scenario. PPOR with offset (400k loan) LOAN 1 IO with offset (300k loan) LOAN 2 IO with offset (300k loan) To keep it simple lets says the interest on the IP loans is $900 a month and also $100 expenses per...
  3. albanga

    Refinancing cost ? Where to allocate?

    So Terry the mistake made is that earnings from rent (even though they were from an investment) went into the offset? If so then how does one pay the loan interest without contaminating the loan? I was under the impression that as long as the purpose was for investment this would not be the...
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