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  1. almostthere

    Genuine Savings and short term lending

    Thanks Peter for the confirmation.
  2. almostthere

    Genuine Savings and short term lending

    Yes, I do have an IP loan. The LVR for which is around 84% based on the latest valuation. Can I show that equity as my savings even if I don't use the equity towards the purchase of my next property ?
  3. almostthere

    Genuine Savings and short term lending

    Quick question, I have been saving for a while now for my next IP deposit.. A friend of mine has now asked if he can borrow some money from me.. he will return within a week.. My question is when he returns it, will that deposit count as a genuine saving or not..? If it won't then I might...
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