Total Members: 159,074

ranger5

  • ranger5 replied to the topic second property – loan structuring in the forum Help Needed! 9 years, 2 months ago

    Thank you all for the very helpful responses – apologies I have been offline a couple of days.

    So I have basically arrived at the following position –

    Loan 1: Current property, i.e. PPR in Melbourne turned into IP
    Loan 2: Equity release of 150k from IP

    Loan 3, new PPOR in Sydney @80% LVR (some deposit having come from Loan 2).

    On the l…[Read more]

  • ranger5 replied to the topic second property – loan structuring in the forum Help Needed! 9 years, 2 months ago

    Hi Richard

    Thank you for your very helpful response – it is much appreciated.

    I have requested that the loans be kept entirely separate with their respective securities. It is all through the same lender however (NAB) – I want to ensure they are separate too to maintain portability of the facility in the future.

    In terms of tax, I am…[Read more]

  • ranger5 started the topic second property – loan structuring in the forum Help Needed! 9 years, 2 months ago

    Hi all

    I have lurked for some time though am a first time poster. Was hoping to run my proposed loan structuring on a second property by the forum to ensure I’m doing the right thing (apologies as I’m sure it’s been covered).

    Basically:
    – own a home in Melbourne which was PPR but is now an IP; IO debt of 600k odd and valued at 1.1m
    – have…[Read more]

  • ranger5‘s profile was updated 9 years, 2 months ago

  • ranger5 became a registered member 9 years, 3 months ago

ranger5

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
159,074

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!