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audio123

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    audio123 replied to the topic Borrowing from our current home to buy a IP in the forum Finance 12 years, 9 months ago

    HI Jamie,

    Thank you for your reply.

    If I can share a bit more info, I would like some basic advice on where to start.

    Current IP is in my name. owing 230K split loan 150 fixed IO, 80K var IO with offset facility (neg geared)
    Our home in my husbands name. owing 150K var IO, 30K var I+P with offset facility

    Both properties are independent (not…[Read more]

audio123

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