Total Members: 159,139

First timer

  • Profile picture of First timer

    First timer replied to the topic Setting up finance for IP that will become PPOR in a year in the forum Finance 8 years, 5 months ago

    Thanks very much for the reply.

    Some additional information for concideration.

    Im not going to be able to avoid LMI. So can I borrow to say 88% of my current PPOR thus setting up a seperate split loan of:

    500k x 88% = 440k (less 320k owing)
    So $120k

    This way I will be able to achive the new IP loan at 80%.

    Then in a years time move into the…[Read more]

  • Profile picture of First timer

    First timer started the topic Setting up finance for IP that will become PPOR in a year in the forum Finance 8 years, 5 months ago

    Hi all,

    Just looking for some basic advice on how I should structure a new loan for a new investment property that I plan on buying and moving into in a year or so. I understand that I should be be keeping my IP debt high and my PPOR low. However unsure of how this will work if I swap my ppor and IP.

    Current PPOR value $500k with $320k owing. Do…[Read more]

First timer

Training Centre

Visit The Forums

Own one of Steve's Books? Unlock Your Free Gifts Here!

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?
×
159,139

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

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