I've got a Line of Credit with that I use for IP deposits etc which has sub accounts that are paid down and zerod over time then recycled into...
Capitalisation occurs when a borrower pays a loan using other borrowed funds to make the repayments. Normally the answer is No and the...
I am looking around to refinance an LOC that I currently have and State Custodians are by far offering the best rate. I have read many reviews on...
It is rare for a broker or banker to be trained in the tax issues surrounding the different products and features that are available, so they will...
We have a Viridian LOC with CBA. We can switch this to a P&I loan with repayments over 25 years very close to what the interest repayments are...
Hi experts, Have a Liberty LOC originally with $100K fully drawn. After selling the property for which $100K was used as deposit, the same amount...
Hi, i am new here and have a question about loan types. I am trying to wrap my head around these three terms. I have no idea why anyone would...
Situation: Two properties: Inve St (investment, $60K of LOC debt) and Owen Rd (owner-occ, $100K of LOC debt, ready to reduce to $80K). Three LOC...
Post APRA, having moved into one IP and temporarily on a single income, bank servicing departments in the new world would cry if they plugged in...
Hi All, I would like to seek some generic advise about my current situation. Back story: My wife and I migrated to Australia and finished uni...
Many housing markets around Australia are beginning to turn negative. Intend to pull equity from IP to invest in shares if there is a crash/dip....
Hello fellow investors, I have two LOC for 2 investment properties. As I have no interest is aquiring more property, I wish to focus on paying...
I have two LOC for 2 investment properties. As I have no interest is aquiring more property, I wish to focus on paying down the LOC debt. Will...
Hi All, I have an investment loan with CBA that is about to end its 5 year fixed term. Shocking rate of 5.7% for the last 5 years! Anyway that is...
We have LOC's with Westpac and in the past , if you wanted to change them , you'd just ring up and they'd split them , eg 400 K into a 150 K loan...
Hi PCers, This may sound like a dumb question, but does the name on the bank account or on the cheque have any bearing on who can claim bank loan...
Question. I've read through @Terry_w 's tips but can't find my answer (I might have just missed it though). If I have a $100k LOC with $50k drawn...
We intend to make our PPOR an IP eventually and hence are paying IO on it. We got a bank valuation done and have approx. $200k equity in this...
In the process of refinancing the PPOR to NAB to release equity after a major renovation ($100k increase in value based on bank val). The current...
Hi All What is the feasibility of using part of an LOC for an IP held in my name and then part for a different IP held in a discretionary trust...
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