sell ip ppor access

  1. S

    Sell IP to access profit to pay down PPOR?

    Hi All, I have an IP that is worth $450,000 with Interest Only Loan of $260,000. My PPOR Loan is $300,000. I'm looking at the strategy to selling the IP to access the profit to pay down the PPOR Loan. Currently I will pay the PPOR loan off in 7 years. By selling the IP I would net approx...