PropertyInvesting.com | tedstar1 | Activity https://www.propertyinvesting.com/members/tedstar1/activity/ Activity feed for tedstar1. Mon, 13 Apr 2026 03:36:57 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2aff58329669a4e822c5719bd1cfd63f tedstar1 replied to the topic Pros and Cons of Cross-Collateralization in the forum Help Needed! https://www.propertyinvesting.com/topic/4410890-pros-and-cons-of-cross-collateralization/page/2/#post-5004504 Sun, 29 Mar 2015 08:32:04 +0000 The offset will be linked to PPOR deposit/loan as this is not deductible anyway. The funds in the offset account will be used for next IP and a seperate loan will be created for the 2nd IP as this will still be included as the PPOR loan now being lets say 200k against PPOR loan

]]> 6d2c983dd4602818992ab3dd719793af tedstar1 replied to the topic Pros and Cons of Cross-Collateralization in the forum Help Needed! https://www.propertyinvesting.com/topic/4410890-pros-and-cons-of-cross-collateralization/page/2/#post-5004497 Sun, 29 Mar 2015 03:50:00 +0000 Yes somewhat.

Borrowing 120k as deposit for IP and 120k that will be in an offset account linked to PPOR and to draw on if need be and use in 6-12months on 2nd IP. This is coming from using the equity in our PPOR that is paid off and has zero $ owing

Does this kind of make me pay more essentially for a 240k loan rather than 120k and should use a…[Read more]

]]> b38a97f662d8450da1c36d264a1fed00 tedstar1 replied to the topic Pros and Cons of Cross-Collateralization in the forum Help Needed! https://www.propertyinvesting.com/topic/4410890-pros-and-cons-of-cross-collateralization/page/2/#post-5004468 Fri, 27 Mar 2015 10:30:41 +0000 USING THE 240k in Equity against PPOR @ 80%
120k deposit for IP
120k in offset account to use for next IP purchase
This would be linked to PPOR LOAN

another offset account to put rent into, or can rent go directly on IP loan without needing another account?
If so setup will remain as above

Hope this clears it up?

THE funds in the offset account…[Read more]

]]> c1636f7c525cd8a84dc2366d248d7166 tedstar1 replied to the topic Pros and Cons of Cross-Collateralization in the forum Help Needed! https://www.propertyinvesting.com/topic/4410890-pros-and-cons-of-cross-collateralization/page/2/#post-5004466 Fri, 27 Mar 2015 08:21:49 +0000 Can i have 2 offset accounts
1. for the PPOR where the deposit of IP will be along with the other portion of equity, so im reducing the P&I from repayments
2. The IP will have its own offset IO loan where rent goes into and expenses for IP only come out
?

Dont like the idea of LOC and what I’ve read with the bank “owning” the funds/properties

]]> c6073ed9619f7c6952cc0a7ac1feb2fe tedstar1 replied to the topic Pros and Cons of Cross-Collateralization in the forum Help Needed! https://www.propertyinvesting.com/topic/4410890-pros-and-cons-of-cross-collateralization/#post-5004418 Thu, 26 Mar 2015 04:16:15 +0000 How would you set-up the loan for your 1st IP to avoid cross cat?

We owe nothing on our PPOR and were going to use the equity in it for a deposit and have the other 1/2 put in an offset account.

Split loan – one for deposit against PPOR
– One for the IP loan

With an offset account sitting in the middle helping reduce Interest repayments on…[Read more]

]]> 43d7e0d67bbaa98a3d00db1412a13add tedstar1 replied to the topic Pros and Cons of Cross-Collateralization in the forum Help Needed! https://www.propertyinvesting.com/topic/4410890-pros-and-cons-of-cross-collateralization/#post-5004418 Thu, 26 Mar 2015 04:16:15 +0000 How would you set-up the loan for your 1st IP to avoid cross cat?

We owe nothing on our PPOR and were going to use the equity in it for a deposit and have the other 1/2 put in an offset account.

Split loan – one for deposit against PPOR
– One for the IP loan

With an offset account sitting in the middle helping reduce Interest repayments on…[Read more]

]]> cc2b0e68ded3cd1eacb6b4d8a821f60a tedstar1 replied to the topic What Salary do you need in the forum Help Needed! https://www.propertyinvesting.com/topic/4398885-what-salary-do-you-need/#post-4617757 Wed, 03 Mar 2010 23:38:35 +0000 Hi All,I have currently been looking for an investment property and found some apartments in the city (Melb). I too are in the 30% income tax bracket and only have around $50K left on our mortgage (current residence) with my partner (Equity about $60K). The apartment can be bought for just under $300K with the rent basically paying off the loan e…[Read more]

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