Hi guys Not too sure whether this question has been asked before and if it has please direct me to the relevant thread. I have a PPOR which I will like to draw equity from to buy an IP. I still owe a decent amount to the bank so the extra amount i can withdraw from equity won't be too much. My question is, am I better paying down as much as I can in my current loan for PPOR and then borrow the difference with what i am owing to the bank valuation of the property. And if so, am I now able to claim deductions like a normal investment property for the "new loan" i just took? Much appreciated guys.