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Paying off Principal place of Residence

Discussion in 'Introductions' started by Triu, 1st Sep, 2006.

  1. Triu

    Triu Well-Known Member

    Joined:
    1st Sep, 2006
    Posts:
    161
    Location:
    WA
    Hi can anyone please advise me what the best way to handle this situation. I want to sell my existing principal place of residence into a HDT but am not sure if i should pay the loan down completely then redraw the equity for a new principal place of residence. :confused: I want make my exisiting principal place a investment property. Can anyone advise the best way!

    thanks

    Triu:)
     
  2. TryHard

    TryHard Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    863
  3. Glebe

    Glebe Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    932
    Location:
    Sydney, NSW
    hehe ...