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Thanks Terry, I did some reading on that case. Would it be correct to say that if we never intermingle the investment funds and the personal funds we should be OK? For example, if we transfer the 490k from the offset back to the loan after settlement, we have now essentially paid off the...

Thanks for your feedback guys. The bank is NAB. I talked to the lender again, and he suggested the same as Aaron_C, to put the money straight back into the loan account after settlement, and then just redraw the deposits as I need them. From my reading of this forum and a few books, the...

Hi all, My wife and I are about to access the equity in our PPOR to invest in some IP's. PPOR should be valued at about 850k, we currently owe 80K on the mortgage. Plan on refinancing with a different bank at 80%, secured by our PPOR. This is our first IP and I'm just trying to work out...