eyelove replied to the topic How to release equity from IP to buy PPOR in the forum Help Needed! 10 years ago
Thank you. I’ve had a look at a few other threads regarding split loans so thanks for steering me in that direction.
Can I get your opinions on how I could use this $8,500 loan in a creative way. It was an entirely separate loan given to fund renovations on the house and also to consolidate other debts I had at the time.
It is at home loan…[Read more]
eyelove started the topic How to release equity from IP to buy PPOR in the forum Help Needed! 10 years ago
I find myself in need of some advice, and haven’t got the time I usually have to learn from previous posts.
My wife and I left our PPOR to travel Australia 2 yrs ago, and have now made the decision to not return but to buy another PPOR and continue to class our first home as an IP.
The IP is currently valued at $260,000
We owe $106,000 ($32,000…[Read more]