Im in a similar position as the OP. I have refinanced IP and released $100K into the offset account. If i take this $100K and use it as my deposit...
Thanks for all the answers! I think at this stage, still trying to get my head around the high amount of loans. My thinking was always to save up...
Thanks, that makes sense. so the actual equity would be 140K, not 200K as Shahin pointed out. If I use the $140K as the 20% deposit for IP2, then...
New to PropertyChat, but been a lurker at somersoft. Planning to fund for my second investment property but confused about equity. To make the...
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