Mooni75 replied to the topic Finance advice turning PPOR into IP in the forum Finance 14 years, 9 months ago
Thanks Terry, that was super quick response!We don't plan on buying another PPOR. I just wanted to know if there was a way of being able to deduct all the interest from this previous PPOR loan once we turn it into a IP. Or will be have to separate the amounts that were used for personal & the original amount for the house?Thanks in advance.Moon
Mooni75 replied to the topic Need help finding a valuer in the forum Help Needed! 16 years, 9 months ago
thank you all!!
Mooni75 replied to the topic Are we in a position to invest in property?? in the forum Help Needed! 16 years, 10 months ago
Hi there and thank you both for your input. We have done some more research and are definitely renting out our PPOR. I think we may have to wait before we get rid of our personal debt and built up some more equity in the house before we can invest in another. We will definitely be on the lookout for a mortgage broker – one with IP'…[Read more]