Search results

  1. S

    Converting Prop to IP and fund another Prop

    so if we get a valuation of 700k, then we can do an equity release of another 80k, which will sit in separate loan account.. then i can use this 80k towards another PROP purchase....without any tax implications...? also the GF has been there only 3 months....so is it a bit too soon to look...
  2. S

    Converting Prop to IP and fund another Prop

    Hi All, Just wanted to make sure the best way forward. House in blacktown , with near new 2 bedroom GF (self managing rental) Main House Loan: 340k Offset Account: 300k Another linked GF Loan Account: 140k Granny Flat Offset Account: 2k current loans are both Interest only and...
Back
Top