Terry, it sounds like you are endorsing what others have sugggested. We don't have any debt on our PPOR and we have spare cash. Do you still say don't use any of our own money?
IP 2 would therefore not have an offset as the wage is already going into IP 1 offset. Woudl IP2 have its own IO loan preferrably with a different bank?
Rolf, Rugrat, Collector,
If your first IP has a loan with an offset receiving your wage etc and your PPOR has a LOC, what happens when you add more IPs?