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  1. M

    Bringing finance for IP from overseas

    Sorry to bump this, but I just cant get my head around it. Any brokers or accounting gurus have a thought on preserving the deductibility? The situations is as follows: IP1 - UK Property, no debt. Looking to get a 60%LVR IO loan to release equity and use a deposit for IP2 in Oz. IP2 (Future) -...
  2. M

    Bringing finance for IP from overseas

    Hi Everyone - just wanted to bump this, after reading the thread over here: http://somersoft.com/forums/showthread.php?t=87426&page=3 What are the options for releasing equity from the UK and maintaining deductibility? IP1 - UK House, no loan. Looking for 60% LVR, IO for expats. Would like to...
  3. M

    Bringing finance for IP from overseas

    I have been living and working in Aus for 5years and am now a permanent resident so I think I should be able to source finance here as well. I think I will be able to secure the finance over there as it will be IO, fully serviced by the rental income. I really want to utilise the equity (and...
  4. M

    Bringing finance for IP from overseas

    Thanks for the reply. Martin looks likes a good place to start. (also recognise a couple of names from these forums, which is comforting!) Anyone got advice regarding using finance from overseas? Plan to service the loan from the UK income. Any mistakes or tax considerations to be especially...
  5. M

    Bringing finance for IP from overseas

    Hello all, New poster here, so bare with me. I am only just starting down the road of property investment and I have been devouring the information here and in other places. It's been said before but this is an excellent resource and want to thank those who contribute so much. I am looking...
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