xanh replied to the topic Line of Credit Loan structure in the forum Finance 14 years, 7 months 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 14 years, 7 months 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]