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	<title>PropertyInvesting.com | BB2012 | Activity</title>
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				<title>BB2012 replied to the topic Equity from Investment Property in the forum Help Needed!</title>
				<link>https://www.propertyinvesting.com/topic/4406655-equity-from-investment-property/#post-4670440</link>
				<pubDate>Thu, 24 May 2012 12:34:20 +0000</pubDate>

									<content:encoded><![CDATA[<p>gibbo1 wrote:<br />
Hi BB,  Welcome to the forum.  Drawing equity of $75k will take the LVR up to 91%, so you will then have to pay LMI for that as well.  The ATO will look at what the purpose of the loan is for &#8211; being purchase of PPOR it would make the $75k non tax deductible.  If you do go ahead with this ensure that they are seperate loans so not&hellip;<span class="activity-read-more" id="activity-read-more-155303"><a href="https://www.propertyinvesting.com/topic/4406655-equity-from-investment-property/#post-4670440" rel="nofollow">[Read more]</a></span></p>
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