Still trying to get my head around how to setup our strategy in order to overcome maxed out on my borrowing capacity. How does Individual loan splits and setting up line of credit will help in this scenario? I didn’t have this setup in the first place and only aware of these terms until i joined this forum.

First time posting in forum please bear with me.

I have an IP (3×1) in popular school enrollment zones gave rental yield of 5.7% (not looking good, i know) since i purchased in year 2012 here in Perth. Unfortunately it has been vacated for 6 weeks by now and i have spent 8k in renovated the bathroom and laundry trying to push it a little bit,…[Read more]