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  1. tobe

    Extending loan period when re-financing

    Yes, until the interest only period expires, usually 5 or 10 years after the loan is drawn. At that point it can be a bit tricky getting a new interest only loan, especially if the banks policies or your details have changed. Like previous posters have said, even though the loan is...
  2. tobe

    Extending loan period when re-financing

    Unless your total rent from all properties exceeded your total deductable loans negative to positive gearing wouldnt be an issue. The tax office blends all your loans, and all your income into your tax return. I have usually refinanced to a new lender, and therefore a new loan term each time I...
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