also is it better just to share rent with my girlfriend and not get my parents house at all and keep this investment property.
Also as interest rates rise wont that affect the house value and drop it?

also can you please explain to me why paying extra on my house loan affects my tax and interest in a negative way.

thanks guys for all the help

well i can redraw the money back as i have been to do up the house… i know i stuffed up after i saw my accountant.
the 100k loan is based on my current loan i have at the moment plus what i can add to the loan towards another house
My girlfriend is heavily considering going in with the other property that we want to live in.

Im just a beginner…[Read more]