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Thanks everyone. I am glad I checked here. I've existing separate loan which was setup to fund my IP1 purchase, i guess i can ask bank to top up this facility rather than setting up separate loan account. And for the other property I'll set up separate loan account. So the tip is basically...

Hi there, Just trying to understand If I am doing the cross colltarisation here? I've two properties and combined equity in both is enough for me to fund 20% deposit for another investment property. My broker suggests that I create the new loan account of e.g 100K (50K equity drawn from...