My situation is i want to borrow to buy a Regional unit . Price is $120,000 rental return is 125 a week I have the 20% deposit. I want to borrow about $100,000 I phoned Commbank i told them my story. They told me best thing is to use my current Redraw on my PPOR. I have up to 300k to withdraw at 4.99% for 21 years. But i dont think this is right to do be because i wont be able to claim tax decuctions on my investment property if i withdraw from my PPOR? Isnt that right?? Shouldnt i get a separate loan for the 100k? Commbank told me this will be a lot of trouble, extra $300 for loan application,take 6 weeks blah blah, just withdraw it from your redraw said the loan officer, much easier ! I reLly may need to see a broker ???