thanks for the reply pete
i was thinking if u had a loc on ip loan only and used this to pay all ip expenses such as rates, body corporate, insurance etc,BUT not any difference from negative geared properties as this could lead to probs with ato, and use that same amount to put into ppor loan to reduce it as a form of debt recycling.
I thought because the loc is not linked to ppor, could this b feasible.
The idea of not having to pay the principle in the 25-30 yrs for the evergreen loans was great instead of the max 10-15yrs now with normal loans. I think west pac had a good one, but not sure if it still exists
I wasn't sure if it was still available after gfc
thanks