PropertyInvesting.com | Joe2030 | Activity https://www.propertyinvesting.com/members/joe2030/activity/ Activity feed for Joe2030. Fri, 17 Apr 2026 11:54:04 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 fcd8dd237388a5f8253316a434317028 Joe2030 replied to the topic a separate loan account for the portion of drawn out funds (deposit)? in the forum Finance https://www.propertyinvesting.com/topic/4997908-a-separate-loan-account-for-the-portion-of-drawn-out-funds-deposit/#post-4997945 Thu, 25 Dec 2014 08:49:27 +0000 Thank you for the details. I will be careful about that.

]]> bfe50972f69de0e2ef0884f00166dc53 Joe2030 replied to the topic a separate loan account for the portion of drawn out funds (deposit)? in the forum Finance https://www.propertyinvesting.com/topic/4997908-a-separate-loan-account-for-the-portion-of-drawn-out-funds-deposit/#post-4997943 Thu, 25 Dec 2014 07:16:31 +0000 Thank you, Terrw.

“Do not redraw funds and place into an offset as they will not longer be borrowed funds.”

Sorry, I am not clear to me this. Can you elaborate about this?

]]> 473fb3dc8359331531f18cf01331cac7 Joe2030 replied to the topic a separate loan account for the portion of drawn out funds (deposit)? in the forum Finance https://www.propertyinvesting.com/topic/4997908-a-separate-loan-account-for-the-portion-of-drawn-out-funds-deposit/#post-4997914 Wed, 24 Dec 2014 05:09:23 +0000 Thank you everyone,

Please correct if i am wrong. Based on your suggestions, I may ask my broker as follows:

Loan account 1. the refinanced home loan (P&I) against PPOR.
– 450k re-value (current home)
– 270k outstanding
– 90k funds out

Loan account 2. an new equity loan (90k) (I/O) against a new IP.
– 90k funds out from the loa…[Read more]

]]> 734d48f6c1c876b6bd6f3e6323b1755b Joe2030 started the topic a separate loan account for the portion of drawn out funds (deposit)? in the forum Finance https://www.propertyinvesting.com/topic/4997908-a-separate-loan-account-for-the-portion-of-drawn-out-funds-deposit/ Tue, 23 Dec 2014 21:56:25 +0000 Should I make a separate loan account for the portion of drawn out funds (deposit)? so that we can deduct the Tax money from a new invest property?
Is the Draw funds 90k as a equity loan, right?

I am currently discussing with a broker….

1. Draw funds out of existing property increase after refinance my home loan (P&I).
450k re-value…[Read more]

]]> 48df6b985f09845e71f16ef246f89eb7 Joe2030 changed their profile picture https://www.propertyinvesting.com/activity/p/302905/ Tue, 23 Dec 2014 21:32:03 +0000 a56f452df128cf49d26d651ec8c8813c Joe2030's profile was updated https://www.propertyinvesting.com/activity/p/302904/ Tue, 23 Dec 2014 21:30:49 +0000