[TSLParticipant@tslJoin Date: 2008Post Count: 6]

September 10, 2008 - 11:21 am

I personally can’t help you but hope someone else can, because I think that is a great idea and would be interested in other people’s experience.

Troy

[TSLParticipant@tslJoin Date: 2008Post Count: 6]

January 31, 2008 - 9:38 pm

Raising interest only debt on an investment property allows the following:
*Higher cashflow for further investments
*Higher tax deductability
*Ability to pay down the non-deductable debt on your PPOR (that Richard suggests to raise to 80% LVR)

Regards,

Troy

[TSLParticipant@tslJoin Date: 2008Post Count: 6]

January 28, 2008 - 1:17 pm

Terry/Richard,

Thanks for your prompt replies.  I had an inkling that this would not be wise but after searching the forums and internet, I could not get a definitive answer.

Thanks,

Troy