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Good points above, I did the math on pumping all rents and half my wage to my PPOR and it would still take 9 YEARS to repay.. !! Thats 3 investment rents, plus half a wage, for a median priced property.. I had no plans on paying off my interest only PPOR and now certainly don't. I may however...

My thoughts exactly.

Yes, thats right Jules. Sounds like you've got it all sorted :)

Capitalised interest or on this occasion "equity" (same thing really) means you borrowed against your existing debt (equity) and are using those borrowed funds to service your debt (repayments) increasing your tax deductible debt.

Credit line, or the snazzier, more hip Somersoftie term "line of credit". Cheers

I'm just done reading the new hottest 100 edition of API and it was the best read I've had in quite a while from any of the big two investment mags. The article on capitalising interest was of interest to me and got the brain ticking. It is a story of an investor who has a few rentals with...