nicole10 replied to the topic What is the best way to utilise my Investment Property to buy another property in the forum General Property 13 years, 11 months ago
thanks for the info Sue,
If i made just an assumption i would estimate the equity would be between 100k-150k.
As this is a joint investment property, i am unsure if it will affect my ability to use the equity in the house.
your information is much appreciated.
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nicole10 replied to the topic What is the best way to utilise my Investment Property to buy another property in the forum Thanks for the info Jamie, i 13 years, 11 months ago
Thanks for the info Jamie, i understand the way it works no.I currently dont have a PPOR , just the investment property. So im not sure if it is in my best interest to buy the next property as a investment or PPOR.
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nicole10 replied to the topic What is the best way to utilise my Investment Property to buy another property in the forum General Property 13 years, 11 months ago
Hi Jamie,Yes we rented the property initially for 11months then we moved in for 6 months due to the FHOG and will move out again in February so we can get new tennants in. The loan is indeed with CBA.Regarding the interest only loan with an offset account, how does that structure benifit a investment property. I would assume but will definitly…[Read more]
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