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    pros & cons: IO Redraw versus LOC

    Thanks Terry, your insight is always top notch! ;) is it normal to use LOC to pay for deposit and cost for purchasing IP?
  2. B

    pros & cons: IO Redraw versus LOC

    After unlocking some equity from PPOR, many elite brokers in this forum mentioned about using IO redraw and LOC. Could anyone please highlight the pros and cons between these two? Extra question: is LVR 80% is the way to go for 1st IP when using the equity from PPOR? Somehow I read other...
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