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  • Profile photo of NZ Mortgage BrokerNZ Mortgage Broker
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    @nz-mortgage-broker
    Join Date: 2004
    Post Count: 21

    Hi Hirady,
    Yes most Austrlian investors get a top up of their own mtg to form the 20% deposit on NZ IP. Show this loan as a seperate loan,(do not add to current loan) and claim the interest back as an expense against the property as purpose of funds to buy IP.
    Terry

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