I'm about to refinance my PPOR, but as per my other thread am looking at possibly dipping my toes into the investment property world. I've been in discussions with a broker and he feels the best way forward is to refinance the PPOR with the best/most suitable product currently, and if/when the time comes to leverage the equity for an IP create a split off that loan to fund the deposits and costs of the IP. The IP would then have a separate loan again with a bank that offers the most suitable product at the time for my situation. Does this sound logical? I'm still of a mindset to set up the PPOR as interest only to build cash in an offset which could also be useful later. Firstly it would be handy in the case I end up renting the PPOR (planning on relocating in 6 years), though 1/2 of it's value is paid off so not the best approach tax wise so logically renovating it, selling it to fund new PPOR and perhaps deposit on another IP would probably be a better approach. Secondary thinking is, by keeping funds in an offset, these could assist later in purchasing the first IP. However given the loan would be split when the time arises and equity harvested anyways, is there any point at all to this? IO on a PPOR I hear is a bit more challenging these days but also may limit product offerings and associated costs of these too. Would I be correct in thinking the only advantage of having IO on the current PPOR was if renting it was a solid future plan, or is 'just incase' a good way to play this.