Search results

Yes.. Purpose of 80k was for deposits for IPs in a seperate loan. The security was ppor. The 80k that goes back on the original 80k will be for deposits for IPs .. What's wrong with that?

BRILLIANT thank you soo much. I have a funny feeling my broker was trying to tell me this but I need to see it on paper to understand..Yep I like the loan 1 and loan 2 very much as we can then use it to by more properties and the loan remains clean for tax purposes just as we have done...

no its just a paper shuffle that will be easier to work with. We had the deposit attached to our home loan acc 80k. Now the properties have increased 150k I am increasing those loans so we dont have the 80k attached and the 80k is on the iP loans... If we borrow 500k and only use 340 we still...

Currently doing some top ups for our 2 IPS so that we can down pay our deposit on these which is on a different account with our PPOR loan AND Our mortgage broker has suggested us to refinance our PPOR to bankwest as it has unlimited offset accounts when you have "blah blah" account which...