Can you use home loan for different investments?

If I take out a mortgage for a property, can this then be used for a different investment? I read a bit about it here. http://forums.whirlpool.net.au/forum-replies.cfm?t=2228771
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Short answer, yes you can, long answer takes about an hour or so to explain, let me know if you need some help
Peter Vinci - 0438 041 111

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