troy.r

troy.r replied to the topic Draw equity from IP to fund PPOR purchase in the forum Finance 1 year, 11 months ago
Hi Benny,
Apologies for the late reply/acknowledgement but thanks for taking the time to direct me to resources already here.
Troy
troy.r started the topic Draw equity from IP to fund PPOR purchase in the forum Finance 2 years, 2 months ago
Hi I have a IP that was a PPOR 3 years ago. When we moved out and changed it to a IP it was valued at $1,200,000 with a loan amount of $500,000. We are unlikely to move back in to it and are looking at purchasing a new PPOR.
The IP is now valued at $1,350,000 with a loan amount remaining of $400,000. Is there a way take out the equity that was in…[Read more]
troy.r became a registered member 2 years, 2 months ago

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