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  • Profile photo of LetitiaLetitia
    Member
    @letitia
    Join Date: 2009
    Post Count: 4
    December 21, 2009 - 7:49 am

    Wonderful advice everyone, thank you for your assistance!

    Hypothetically speaking,  if I was to buy another investment property now using the equity I already have, would I just need to service the loan? For Example, if I was to buy a place for $400,000 would I use the equity to obtain the loan and then just make the repayments for the $400,000 I would borrow?  I'm just trying to get my head around it and you all gave me the thought that maybe I could be an investment property now and then a PPOR later.  Just trying to research and understand!

    As for your advice on Offset Accounts… Fantastic advice… am looking into it.  I cant believe its a best kept secret!

    Profile photo of LetitiaLetitia
    Member
    @letitia
    Join Date: 2009
    Post Count: 4
    December 20, 2009 - 2:34 am

    Thank you for your response and advice.

    So should I keep my spare cash or invest it in shares? 
    Does ownership in the share market help the situation?

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