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	<title>PropertyInvesting.com | marcust | Activity</title>
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				<title>marcust replied to the topic Can I afford another IP? in the forum Help Needed!</title>
				<link>https://www.propertyinvesting.com/topic/4398003-can-i-afford-another-ip/#post-4612506</link>
				<pubDate>Wed, 09 Dec 2009 19:48:16 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thanks Richard for your advice. Yes, I am employed. I have had a QS report created for my IP which I am waiting for end of financial year to claim deductions. I guess my next step is to find out how much I am able to borrow and go from there.</p>
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				<title>marcust replied to the topic Can I afford another IP? in the forum Help Needed!</title>
				<link>https://www.propertyinvesting.com/topic/4398003-can-i-afford-another-ip/#post-4612503</link>
				<pubDate>Sat, 05 Dec 2009 23:54:37 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thanks Richard for your reply.When I purchased my IP, I took out a line of credit against my PPOR for a 20% deposit + costs. The bank manager told me that this avoids  cross-collaterisation. Is that correct?If was to contemplate a second IP, I was thinking that I would borrow against my PPOR again for a deposit. Would this be the best structure?&hellip;<span class="activity-read-more" id="activity-read-more-243567"><a href="https://www.propertyinvesting.com/topic/4398003-can-i-afford-another-ip/#post-4612503" rel="nofollow">[Read more]</a></span></p>
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