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  1. wobbycarly

    PPOR to IP and IP to PPOR- newbie Ques

    And to put my 2cents worth in. Yes, the original purpose of the loan for the PPOR was of a personal nature. However, when you convert it to IP, the current purpose of the loan is to fund a revenue-producing venture. So assuming you have some debt against that property, the purpose of the...
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