PropertyInvesting.com | Wikibank Aaron | Activity https://www.propertyinvesting.com/members/wikibank/activity/ Activity feed for Wikibank Aaron. Fri, 17 Apr 2026 09:21:21 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e44b8282c84081535774003aad29c59d Wikibank Aaron replied to the topic Westpac want to grow in the forum Finance https://www.propertyinvesting.com/topic/5016156-westpac-want-to-grow/#post-5016164 Sun, 08 Nov 2015 14:51:59 +0000 Unfortunately the big banks seem to get away with this kind of thing as consumers seem to either do not know any better or are too lazy to move their banking when they do.

People don’t seem to realise that bitching and whinging about rates doesn’t really do anything, the best way to provide feedback is to move your banking elsewhere.

]]> 26871ba31cde5df646b75e4f1a30c24f Wikibank Aaron replied to the topic How bad if PPOR and first IP are with the same bank? in the forum Finance https://www.propertyinvesting.com/topic/5014523-how-bad-if-ppor-and-first-ip-are-with-the-same-bank/#post-5016163 Sun, 08 Nov 2015 14:48:27 +0000 I understand where you’re coming from Corey.

In fact, personally I would split the collateral and loans as well. However to some people, having a home loan to manage seems like a big gigantic hassle. Was just pointing it out as an option, I wasn’t really suggesting or recommending it.

The benefits, I talked about was for keeping the loans…[Read more]

]]> f350d88061588934f42bf42d22fd698b Wikibank Aaron replied to the topic How bad if PPOR and first IP are with the same bank? in the forum Finance https://www.propertyinvesting.com/topic/5014523-how-bad-if-ppor-and-first-ip-are-with-the-same-bank/#post-5015126 Tue, 27 Oct 2015 11:42:43 +0000 Hi Jaime

I think I’m being misunderstood here.

I meant one NEW seperate loan against the investment property.

As the OP talked about refinancing his PPOR with a higer amount and using from redraw then another loan against the IP.

]]> 2fcc8c958e68166cd30023323204d8bc Wikibank Aaron replied to the topic How bad if PPOR and first IP are with the same bank? in the forum Finance https://www.propertyinvesting.com/topic/5014523-how-bad-if-ppor-and-first-ip-are-with-the-same-bank/#post-5015078 Mon, 26 Oct 2015 17:04:02 +0000 Hi Daniel,

Im always happy to hear your feedback and point of view, but please don’t accuse me of what you just said.

As I pointed out, I am an EX bank staff. I have no interest whatsoever in helping banks make more money. In fact if I can help someone save money from the big banks, I would be very happy.

Fact is that if you have a larger…[Read more]

]]> 561e5ffaeb3525a0d2f0c6d3cdf7755f Wikibank Aaron replied to the topic How bad if PPOR and first IP are with the same bank? in the forum Finance https://www.propertyinvesting.com/topic/5014523-how-bad-if-ppor-and-first-ip-are-with-the-same-bank/#post-5015078 Mon, 26 Oct 2015 17:04:02 +0000 Hi Daniel,

Im always happy to hear your feedback and point of view, but please don’t accuse me of what you just said.

As I pointed out, I am an EX bank staff. I have no interest whatsoever in helping banks make more money. In fact if I can help someone save money from the big banks, I would be very happy.

Fact is that if I you have a larger…[Read more]

]]> 4a0491995e85dc7306f45dc503565c75 Wikibank Aaron replied to the topic How bad if PPOR and first IP are with the same bank? in the forum Finance https://www.propertyinvesting.com/topic/5014523-how-bad-if-ppor-and-first-ip-are-with-the-same-bank/#post-5015006 Sat, 24 Oct 2015 08:27:40 +0000 Here’s my 2 cents as an ex bank lender

For accounting purposes it would be easier for you to use your PPOR + Investment property as security and have only one loan. However yes you would need to cross collateralise.

There are benefits or keeping both loans in one bank:
– A lot less paperwork needed for future loans.
– If you pay your bill on…[Read more]

]]> 14a20b3cb692884b01f6d631ebb322f9 Wikibank Aaron replied to the topic LMI and deposit in the forum Finance https://www.propertyinvesting.com/topic/5014132-lmi-and-deposit/#post-5015005 Sat, 24 Oct 2015 08:08:38 +0000 I bought for the exact reasons you posted few years back and I would really not recommend doing for that reason.

Although I am happy for the lessons I have learned being a home owner and landlord, I would be in a much better financial position now.

Even though the mortgage might be cheaper than rent, you have to think about all the extra…[Read more]

]]> 0ef37eeb65464d5483745e5f5c45a580 Wikibank Aaron's profile was updated https://www.propertyinvesting.com/activity/p/328647/ Sat, 24 Oct 2015 07:45:39 +0000 04388c04d628d8226b9f0633437d9cfb Wikibank Aaron changed their profile picture https://www.propertyinvesting.com/activity/p/328646/ Sat, 24 Oct 2015 07:38:23 +0000 7cdfeb09a0a9c2e4099eebaf23284ad8 Wikibank Aaron changed their profile picture https://www.propertyinvesting.com/activity/p/328645/ Sat, 24 Oct 2015 07:37:37 +0000 8544eb483b217d3984e83c1a726d6844 Wikibank Aaron became a registered member https://www.propertyinvesting.com/activity/p/328643/ Sat, 24 Oct 2015 07:30:55 +0000