<snip> If so then certainly I would not use a LOC for you initial loan but look at either an Interest only or P & I loan with 100% offset account. By all means a investment LOC can sit behind this to be used to fund IP deposits. <snip>Richard, why would you not suggest a LOC for the initial loan?  What's the difference between using an offset…[Read more]

Hi, I live on the Ashgrove/Red Hill border & I can highly recommend Ashgrove, although you will find it hard to find a property in your price range here.  I lived in Kenmore (next door to Chapel Hill) & moved from there about 10 years ago due to transport trouble.  From what I hear it has become even worse over the years!  I had been looking fo…[Read more]