https://www.propertyinvesting.com/members/tetrisman/activity/ Activity feed for tetrisman. Mon, 13 Apr 2026 07:55:28 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ca7179b44e67f4177c80dd0c2107079a https://www.propertyinvesting.com/topic/4395597-how-to-purchase-2nd-ip/#post-4600381 Fri, 06 Mar 2009 00:26:06 +0000 god_of_money,Its just an average quote I got from a couple of REAs.Richard,(Sorry but I am going to ask some fairly newbie questions)Yes it is a P& I loan, I'm fixed for 3 years on it. I am abit slow on the terminology, but what do you mean by capital reduction? And yes the redrawn funds will only be used for investment purposes only.…[Read more]

]]> e763756c6f7e187841b9834d5f03ad08 https://www.propertyinvesting.com/topic/4395597-how-to-purchase-2nd-ip/#post-4600378 Wed, 04 Mar 2009 22:50:36 +0000 G’day Richard, Thank you for your reply. Here are some further details for my current IP situation and the serviceability I can provide to the new loan.  IP1: Purchase Price: $260kOriginal Loan amount: $208k Valuation: $280kLoan Balance: $193kEquity (80%): 32k Rental income: $360/wk ($18000 for 50wks)Rental expense: $22,426.20 per yr[Read more]

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