Thanks John
I think your probably right keeping the cash in the offset accounts and waiting a little while longer is probably the best thing at this time.
With the 49k its in an offset account on a 49k mortgage and if I was to pay it off and use the freed up I.p added to the one I own out right I would have 2 I.P's valued at 250K plus and my question was would it be better to stick with an interest only loan or go for the Principal and Int loan .
But I see your point holding it in 2 offset accounts and having the cash is better if along comes a very good deal, I can move on it quickly with a cash deposit and borrow on the I.P I own so still keeping the majority of my cash in the offset accounts
Is this what you meant ?
My fear is not using the cash and the one unencumbered I.P in the most advantageous way possible.
Hope this make sense..
Thanks
nucopiaThanks every one
Really appreciate the comments, I'm not 100% sure what way I'm going to go with this,.
I'll need to give it some more thought be fore deciding .
cheers
nucopia
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