Happy NY Ben and great start. Wow i was 21 once lol

Refinancing your PPOR to release equity is going to fairly tough in the current market place as unlikely you will get more than 90% equity release and then you have LMI again on the increased amount.

Using this to cover the deposit and acqusition costs is going to mean your buying is going to be fairly limited as unlikely you will get anything more than a 90% lvr on an investment loan with curren credit scoring.

Suggestion would be to restructure and then be ready to go if and when something turns up.

If you intend to stay in the PPOR for ever and a day then certainly keep the loan as P&I so you can pay the debt down and then in turn increase the Investment LOC by the same amount. If not i would make it IO immediately you restructure and then utilise a 100% offset account until you decide what you want to do long term.

NE i think you might want to review the amendments to beneficiary distributions for children as it still has significant benefits.

Also what is say you and your wives marginal Tax rates will stay the same until the day you wish to sell the property.

One of the biggest benefits of using DFT's is the flexibility both now and into the future.

If you hold unencumbered shares or managed funds we do a US Stock loan at 3.25% to 70% of value.

Denis

Quick answer – Am I able to claim depreciation on a PPOR – NO not whilst it is your PPOR.

When you rent it out you can.

GOM i think that response means she is looking for broker of the half decade.

marry great link but your 5 years too late.

Which State are you looking in and what sort of purchase price ?

Hi Matt

Not being funny but if you work for one of the big Banks wouldnt you know about the internal works of your own personal loans.

If not rather than Terry or me try and answer your questions wouldnt it be easier to ask someone in the office that does.

Ray

Yes you can use the land as security for the construction but will need to borrow against it to fund the building.

How hard can it be?

Sorry i had to chuckle when i read this statement.

Do you honestly have any understanding of the mechanism of development in a foreign country.
Of financing of dealing with tradesman, builders, Local Councils, corrupt Governments etc etc etc.

May mattnz is correct are you sure you are not a middle man looking for a cut somewhere.