Can anyone expand on how you can invest equity/LOC that is secured against IP's into managed funds to assist the shortfall on neg geared IP's?
Is this eg correct?
Access 100k Loc
Invest in managed funds at 10% return pa = 10k
meet IO 7.5% pa repayments on LOC = 7.5k
Walk away with 2.5k to assit in covering shortfall on neg geared IP's
Cheers
Is this eg correct?
Access 100k Loc
Invest in managed funds at 10% return pa = 10k
meet IO 7.5% pa repayments on LOC = 7.5k
Walk away with 2.5k to assit in covering shortfall on neg geared IP's
Cheers