headspin replied to the topic Refinance Investment Loan (unlock equity) to buy another Investment Property in the forum Help Needed! 12 years, 10 months ago
Hi PLC,
Thanks, yes this is what I have been hearing also..
So if I refinanced and took say $100K from Loan 1 (IP1) and used that as the deposit for Loan 2 (IP2) then any deductions for that $100K must be come from IP2. Therefore the net result for IP1 is the same.. no benefit. Its still just as geared (negatively or positively) as it was…[Read more]
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headspin started the topic Refinance Investment Loan (unlock equity) to buy another Investment Property in the forum Help Needed! 12 years, 10 months ago
Hi all,
This is my first post, and any advice would be greatly appreciated.
Am I able refinance an investment property loan to gain access to the equity therein to purchase another investment property, resulting in two benefits:
a) using IP1’s equity as a deposit for IP2, and;
b) rendering IP1 back to a much more negatively geared property…[Read more]
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