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MAV

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    MAV replied to the topic Equity Investment Process in the forum Help Needed! 9 years, 10 months ago

    Thanks for replying, yes we owe $414K on the PPOR.

    Cheers
    MAV

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    MAV started the topic Equity Investment Process in the forum Help Needed! 9 years, 10 months ago

    As a newbie to this fantastic forum only discovered it about 2 months ago!!

    I Just wanted to check some figures……….

    PPOR purchased 2011 for $519k
    2014 PPOR was valued by bank at $570k
    2014 Used $80k (deposit) equity in PPOR for IP and borrowed $350k (main loan)
    PPOR balance is $414k as at end of 2014
    Capital growth for 2014 = 6%

    So can I say…[Read more]

  • Profile picture of MAV

    MAV became a registered member 9 years, 11 months ago

MAV

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