Disposal of property with subsequest reduction of loans
Question I have 3 loans with one bank. Loan 1 = PPOR with balance 1.431 mil. Loan 2 = $408K which is the total of 3 refinanced investment property loans against 3 properties. Loan 3 = Line of Credit with limit of $492K and $370K drawn with a 70% private use component.I have disposed of …