Hi all, I need help with the structure of the loans. Just wanted to make sure I am not stuffing it up. I will explain my situation and have number of questions that I will list below. PPOR Loan 1 - LOC 187k Loan 2 - SVR 188k approx value of the house 600k IP1 Loan 3 - 46k (borrowed against equity in PPOR and secured against PPOR) Loan 4- 315k secured against IP1 approx value 360k or even less than what I paid. So no equity. All my loans with CBA and I have paid LMI on both. Now I want to borrow more for deposit towards IP2. Broker said I should be able to borrow 45-50k provided PPOR valuation stacks up to 600k. Questions 1. considering to refinance, only thinking of PPOR as no equity in IP1. Now, is it a good idea to just refinance PPOR loans or add up all the loans and refinance on total amount? Will bank allow refinance on whole protfolio or only on PPOR as it has equity? What are pros and cons? 2. should I refinance with same lender or new lender? if I stay with same lender then I pay only difference on LMI depending on LVR as I have already paid previously, is that correct? 3. what should be the ideal structure of the new loans? How is top up loan different to completely separate loan? for example, if I top up LOC by 50k and use that towards deposit of IP2, will the intrest be tax deductible? Or is it a good idea to set up completely different loan of 50k? If separate, this 50k loan should be another LOC or SVR loan? 4. Should I combine loan 1 + loan 2 + loan 3 and refinance to only one loan with 100% offset? If I do that, interest on loan 3 (46k ) be tax deductible? Or is it possible to combine 1,2 and 3 and refinance to one big LOC? Apologies for too many questions. I got burnt with IP1 using buyers agent and now want to move ahead on my own and not rely on brokers and BAs. Thanks in advance.