PropertyInvesting.com | damitrx2 | Activity https://www.propertyinvesting.com/members/damitrx2/activity/ Activity feed for damitrx2. Sun, 03 May 2026 11:26:39 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 53516e5a34d1543d57a04aa8ffa9e368 damitrx2 replied to the topic Redraw to pay interest and expences on IP in the forum Help Needed! https://www.propertyinvesting.com/topic/5001220-redraw-to-pay-interest-and-expences-on-ip/#post-5001273 Tue, 17 Feb 2015 07:41:20 +0000 Yes I thought as much.

I am also not sure on this situation

Can I at least use the loan no 2 / borrowed funds to pay expenses (excluding loan no 1 interest) and claim the interest on the loan no 2 for repairs / rates etc.

Expenses could be $5-10,000 a year and that money could be better off reducing my PPOR

Interest on that may be $500 and…[Read more]

]]> 43c32c30e1351a5cb6111bdef216f046 damitrx2 started the topic Redraw to pay interest and expences on IP in the forum Help Needed! https://www.propertyinvesting.com/topic/5001220-redraw-to-pay-interest-and-expences-on-ip/ Mon, 16 Feb 2015 12:03:27 +0000 I’m sure this has been done to death somewhere on the web before, but I`d like some knowledgeable opinions please.

I have a 2 loans secured by the same IP

I want to start a family and use all possible funds to fund lifestyle / pay down PPOR and not the IP.

I am currently using Salary funds / credit card to pay expenses and rental income goes…[Read more]

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