PropertyInvesting.com | rhodesv | Activity https://www.propertyinvesting.com/members/rhodesv/activity/ Activity feed for rhodesv. Sat, 02 May 2026 04:45:50 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e65f802d62370ebeb8bf1c564bb4618b rhodesv replied to the topic Don't pollute my PPOR loan... in the forum Finance https://www.propertyinvesting.com/topic/5029361-dont-pollute-my-ppor-loan/#post-5029419 Sun, 04 Sep 2016 12:40:24 +0000 I am mostly with the NAB. I use multiple mortgages against a single property no problem. The only issue I have is NAB always assumes cross securitisation, so I have to check them every time we refinance to keep the loans separate. I pay 3.8% variable on my PPOR, and 3.83% on the investments.

Corey when you say split you simply mean multiple loans right?

]]> 65a9754ef60c3cecdd8b8768dc944708 rhodesv replied to the topic 105% loans possible? Or any other ideas to in the forum Finance https://www.propertyinvesting.com/topic/5029382-105-loans-possible-or-any-other-ideas-to/#post-5029415 Sun, 04 Sep 2016 11:15:41 +0000 LOL right back Schnake, that would certainly be his preference. It’s hard to get a start in Sydney, and it’s not possible to take the same path we did. Our starter PPOR was $145k in 1993, it just changed hands again for nearly a million. Just been trying to think how to advise his way forward.
And thanks again Terry I’ll talk to our accountant…[Read more]

]]> e71040d47a169fabbb9afc9bad0682fa rhodesv replied to the topic 105% loans possible? Or any other ideas to in the forum Finance https://www.propertyinvesting.com/topic/5029382-105-loans-possible-or-any-other-ideas-to/#post-5029394 Sat, 03 Sep 2016 20:22:13 +0000 Thanks Terry that is excellent advice. I had considered various options of getting involved but had not taken my thinking that one step further that of course if I wrote it all up it would create a clear paper trail for the ATO and he could repay it by refinancing at some point, and putting his deposit into an offset on the larger loan. Thank you!

]]> 0878234b2a134a55c272d51f80e938a4 rhodesv started the topic 105% loans possible? Or any other ideas to in the forum Finance https://www.propertyinvesting.com/topic/5029382-105-loans-possible-or-any-other-ideas-to/ Sat, 03 Sep 2016 10:57:38 +0000 Is it possible to borrow 105% for an IP? Perhaps with a locked offset that contains 25% deposit? The reason is to maximise tax deductions for a first IP, when I would like to extract the deposit back at some point in the future, when the value has risen, perhaps to buy a PPOR.

Failing that does anyone have a better suggestion? I am trying to…[Read more]

]]> 153b35ab182018b56dafaed0eb9e2f65 rhodesv replied to the topic Don't pollute my PPOR loan... in the forum Finance https://www.propertyinvesting.com/topic/5029361-dont-pollute-my-ppor-loan/#post-5029381 Sat, 03 Sep 2016 09:23:15 +0000 I wouldn’t use your redraw if there was another option. You need to maximise the tax deductible borrowings, and reduce the non tax deductible, and keep good documentation that the loans you are tax deducting interest on have only ever been used to buy IPs, to show the ATO if you ever get audited.
The redraw could be used if you don’t have enough…[Read more]

]]> 82487505863c22c45a7fe422e082cdb7 rhodesv replied to the topic Don't pollute my PPOR loan... in the forum Finance https://www.propertyinvesting.com/topic/5029361-dont-pollute-my-ppor-loan/#post-5029372 Sat, 03 Sep 2016 05:25:17 +0000 If you have enough equity you can borrow 105% (ie purchase price plus cost). I borrow 80% secured against against the new IP and a second loan for 25% secured against my PPOR. Over time as the IP has increased in value I have secured both loans against the IP. I pay IO on the IPs and as much as I can on the PPOR, well in excess of the P&I required…[Read more]

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