PropertyInvesting.com | 61034586_2 | Activity https://www.propertyinvesting.com/members/61034586_2/activity/ Activity feed for 61034586_2. Sun, 12 Apr 2026 20:40:39 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7064808c2e065d56fdf797217d88f246 61034586_2 replied to the topic Banking info help needed in the forum General Property https://www.propertyinvesting.com/topic/4373006-banking-info-help-needed/#post-4468296 Mon, 19 Apr 2004 07:11:28 +0000 Thankyou for everybodies help. Just to let you know I’m a new zealand citizen but I reside in sydney. Thanks again. If you have anymore advise it will be much appreciated.
Thanks John

]]> 6b6261863c8a8cdbde7b2d69a9580c05 61034586_2 replied to the topic Banking info help needed in the forum General Property https://www.propertyinvesting.com/topic/4373006-banking-info-help-needed/#post-4468293 Mon, 19 Apr 2004 04:33:56 +0000 Thanks for the feed back,
I will be putting down a 20% deposit on my first property. The property will be positivly geared with tennants in the property. I will be buying in New Zealand but I want to be able to access the equity in the property ASAP to draw down to use as another deposit.
theloanarranger
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]]> c5629d555cbc080b3f6bd8b87b1db1c7 61034586_2 replied to the topic Banking info help needed in the forum General Property https://www.propertyinvesting.com/topic/4373006-banking-info-help-needed/#post-4468292 Mon, 19 Apr 2004 04:26:18 +0000 Originally posted by theloanarranger:
Hey John,

It would help to know if you have an owner occ property – is that the equity you will be tapping into? If so, simplest would be to get a line of credit on that up to 80% of valuation, and use the excess over any existing debt for a deposit (20% if possible to avoid Mort Insurance costs) and get a…[Read more]

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