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2
Borrowing capacity
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Ok so in this scenario:
I have an investment with 200k remaining and $500p/w rental income
I have a primary residence purchased 726k paid down to 180k. So quite abit of equity
I am looking at moving but my question is should I pay out the investment first or not?
Would this help with my borrowing power or make it worse?
Edit: If it helps my primary residence has been valued at $1.2m - $1.3m
Thanks
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