jhogan replied to the topic Use of equity in PPOR to place a deposit for IP in the forum Finance 12 years ago
Hi, I've just read this post and have done a similar thing on our first IP – I have a loan against out PPOR for the 20% deposit and we were asked where we wanted it deposited as there is a months delay on settlement. we put it in our PPOR offset account and will be paying the settlement on the IP this week.
Have i mucked things up by doing…[Read more]