Recent Content by Ban

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  1. Ban
    Post

    How to split loan when you have cash

    Hi @Norms , For 1: I have used the available re-draw for the property maintenance expense later and keeps on using at regular basis. My...
    Post by: Ban, 21st Aug, 2023 in forum: Investment Strategy
  2. Ban
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    AMP Master Limit Debt Recycling

    Hi Members, I have a question to those who are using AMP master limit loan regarding steps you take for debt recycling. Scanerio: PPoR loan on...
    Thread by: Ban, 26th Apr, 2022, 2 replies, in forum: Investment Strategy
  3. Ban
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    Strategy: Using AMP’s Master Facility to Debt Recycle

    With AMP master limit, if you have non LOC splits, can you use it for personal expenses like buying a car? (knowing this would be non tax...
    Post by: Ban, 1st Oct, 2021 in forum: Loans & Mortgage Brokers
  4. Ban
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    Positive cash-flow Investment Property on non-earning partner's name

    Thanks @Terry_w, @Tony Xia and @Lindsay_W
    Post by: Ban, 21st Sep, 2021 in forum: Loans & Mortgage Brokers
  5. Ban
    Thread

    Positive cash-flow Investment Property on non-earning partner's name

    My partner is on maternity leave and we are planning to buy our first IP. We have cash to pay for 10-20 percent of the cost and loan...
    Thread by: Ban, 20th Sep, 2021, 4 replies, in forum: Loans & Mortgage Brokers
  6. Ban
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    Strategy: Using AMP’s Master Facility to Debt Recycle

    Thanks @JasonC Can you merge the loan splits as well when the splits are completely paid?
    Post by: Ban, 19th Sep, 2021 in forum: Loans & Mortgage Brokers
  7. Ban
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    Strategy: Using AMP’s Master Facility to Debt Recycle

    @JasonC This mean you have some splits that is not LOC. Does AMP allows direct transfer from those loan account to pay for your other IPs? Or...
    Post by: Ban, 17th Sep, 2021 in forum: Loans & Mortgage Brokers
  8. Ban
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    Strategy: Using AMP’s Master Facility to Debt Recycle

    Thanks @Terry_w. Can we convert LOC loan to IO easily with AMP Master Limit or it requires application?
    Post by: Ban, 17th Sep, 2021 in forum: Loans & Mortgage Brokers
  9. Ban
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    Strategy: Using AMP’s Master Facility to Debt Recycle

    When: -> PPOR is fully paid or about to be paid off in an year -> And full equity is available on PPOR Do you still suggest the AMP master limit...
    Post by: Ban, 17th Sep, 2021 in forum: Loans & Mortgage Brokers
  10. Ban
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    How to split loan when you have cash

    Hi @Rentforlife, This is just an example and not a real scenario.
    Post by: Ban, 23rd Feb, 2021 in forum: Investment Strategy
  11. Ban
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    How to split loan when you have cash

    Hi @bonchovies, Yes, I will be having Loan C for the IP which is $400,000 for the example scenario that I have mentioned. LOAN B - $130,000....
    Post by: Ban, 23rd Feb, 2021 in forum: Investment Strategy
  12. Ban
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    QLD Brisbane 600K or 850K for CG and where?

    Thanks @BB5 and @Canopy . Why 850K and not 600K in other areas?
    Post by: Ban, 16th Feb, 2021 in forum: Where to Buy
  13. Ban
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    QLD Brisbane 600K or 850K for CG and where?

    Do you mind sharing your rational for 850K in premium suburb rather than 600K in cheaper one.
    Post by: Ban, 11th Feb, 2021 in forum: Where to Buy