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	<title>PropertyInvesting.com | matt7428 | Activity</title>
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				<title>matt7428 replied to the topic Converting PPOR into first IP in the forum Help Needed!</title>
				<link>https://www.propertyinvesting.com/topic/4407320-converting-ppor-into-first-ip/#post-4675114</link>
				<pubDate>Fri, 17 Aug 2012 01:20:16 +0000</pubDate>

									<content:encoded><![CDATA[<p>Hey guys,</p>
<p>thanks for the advice</p>
<p>I got in touch with my bank and they suggested i set it up the following way:</p>
<p>Extent&nbsp;original loan to the&nbsp;maximum amount&nbsp;(not exceeding 80% LVR ratio), convert to I/O loan, and&nbsp;then using&nbsp;released funds for a deposit for&nbsp;the next PPOR. I had i thought for the next PPOR of setting it up with an I/O loan with an&hellip;<span class="activity-read-more" id="activity-read-more-278826"><a href="https://www.propertyinvesting.com/topic/4407320-converting-ppor-into-first-ip/#post-4675114" rel="nofollow">[Read more]</a></span></p>
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