Cool, thanks again

Oh ok…the penny has dropped! (i still might be wrong tho)So what i should be doing is focusing on paying the PPOR as there are no tax advantages to that debt, keep the ivestment as IO and over time (or when the PPOR is payed off) the rent will increase on the investment along with the value. I should then change the loan on the investment to P…[Read more]

Thanks for you comments guys…its helps alot!!!One this that I would like to ask, i know it might be a silly questions but i cant get my head around it;OK, ive read alot on this forum about how people build equity in the PPOR and then leverage off that purchase another property and so on, but if you are only paying interest only on a loan, how…[Read more]

Thanks Terryw!

Hi Terryw,Tanks for that information. Can I ask what you mean by a split for the Equity? im not sure wathis is?

Thanks Hleung!

Forgot to mention…my current property is my PPORand i have a joint income of 115,000