Hi,
I am seeking some advise on setting up an offset account for an IP.
When my PPOR is paid off I want to direct all wages and income into a 100% offset account linked into one of my IP's. I want the funds available for new investment opportunities and living expenses.
I will probably have to refinance the IP loan with a new lender because the current lender doesn't offer a 100% offset account.
Can anybody suggest a good, flexible offset account. I am not concerned with exit fees as I intend on keeping the IP for the long term.
Cheers,
WIll
I am seeking some advise on setting up an offset account for an IP.
When my PPOR is paid off I want to direct all wages and income into a 100% offset account linked into one of my IP's. I want the funds available for new investment opportunities and living expenses.
I will probably have to refinance the IP loan with a new lender because the current lender doesn't offer a 100% offset account.
Can anybody suggest a good, flexible offset account. I am not concerned with exit fees as I intend on keeping the IP for the long term.
Cheers,
WIll