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troy.r

  • troy.r replied to the topic Draw equity from IP to fund PPOR purchase in the forum Finance 1 year, 4 months ago

    Hi Benny,

    Apologies for the late reply/acknowledgement but thanks for taking the time to direct me to resources already here.

    Troy

  • troy.r started the topic Draw equity from IP to fund PPOR purchase in the forum Finance 1 year, 7 months ago

    Hi I have a IP that was a PPOR 3 years ago. When we moved out and changed it to a IP it was valued at $1,200,000 with a loan amount of $500,000. We are unlikely to move back in to it and are looking at purchasing a new PPOR.

    The IP is now valued at $1,350,000 with a loan amount remaining of $400,000. Is there a way take out the equity that was in…[Read more]

  • troy.r became a registered member 1 year, 7 months ago

troy.r

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