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  • Profile photo of TSLTSL
    Participant
    @tsl
    Join Date: 2008
    Post Count: 6
    September 10, 2008 - 11:21 am

    I personally can’t help you but hope someone else can, because I think that is a great idea and would be interested in other people’s experience.

    Troy

    Profile photo of TSLTSL
    Participant
    @tsl
    Join Date: 2008
    Post Count: 6
    January 31, 2008 - 9:38 pm

    Raising interest only debt on an investment property allows the following:
    *Higher cashflow for further investments
    *Higher tax deductability
    *Ability to pay down the non-deductable debt on your PPOR (that Richard suggests to raise to 80% LVR)

    Regards,

    Troy

    Profile photo of TSLTSL
    Participant
    @tsl
    Join Date: 2008
    Post Count: 6
    January 28, 2008 - 1:17 pm

    Terry/Richard,

    Thanks for your prompt replies.  I had an inkling that this would not be wise but after searching the forums and internet, I could not get a definitive answer.
    Thanks,
    Troy
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