xanh replied to the topic Line of Credit Loan structure in the forum Finance 15 years ago
Thanks for the responses. We just want to get the structure right from the start and avoid any messy complications later.Where can I find the most competitive investment loans? We have been looking for a financial adviser/broker who specialises in property within Melbourne but haven't found any as yet.
xanh replied to the topic Line of Credit Loan structure in the forum Finance 15 years ago
Hi Richard, Just on this topic again (you must be quite sick of it!)My husband and I have a situation where, we have a PPOR and IP, both with stand alone loans through different lenders and have very low debt. We are looking at opening a LOC to fund the deposit for another IP. The question I have is, which security should be used for the LOC?…[Read more]