Just wondering if all this can be 'fixed' even if you park borrowed money in the offset, mix it with cash etc.... But at the time of purchase just...
Thanks Paul, I'm having trouble understanding why you should repay into one of the loans rather than apportion it back into both A and B? Say...
Say you've bought a $1m IP at 80% LVR. To cover the 200k deposit and 50k stamps/legals: You've got two loans: A. 150k from an equity release...
Thanks, i'll have a look Won't selling it later down the track in incur CGT if I convert it to an IP? I believe its apportioned by the time its...
Child has no properties and is living at home. If upgrading PPOR (paid off) the options I'm considering: 1. Turn the PPOR into IP 2. Sell PPOR...
Thinking of the "where to buy" question from an analytical perspective: Say you had data from the likes of corelogic or REA. What sort of "past"...
Thanks Rolf and Paul. Seems like if I have a clean offset, and transfer the surplus funds back into the loan I should be in the clear!
Any one in particular? I agree with you I think I've been reading too much about debt recycling and am confusing myself
Say you've got a a PPOR which you refinance and release equity borrowing an extra $200k as a split loan. Now for a future purchase of a property...
Following that, say you put it into the loan, leaving $100 so the loan isn't closed. How will that work with P&i? You will be paying back the...
Scenario 1: Equity release of 200k IO split loan with funds from the release sitting in a separate offset account. Scenario 2: Same as above but...
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