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Thanks everyone your advice has been much appreciated. Time to jump on the deep end and see if I can swim!
So is what Steve has written in his book 0 to 130 Properties wrong then? He has said in his book that as long as the loan repayments are being met that you are guarantor for that your trusts can borrow from multiple lenders with you as the guarantor increasing your borrowing capacity by leveraging your income across multiple lenders with multiple loans as long as you don’t have any debt in your name only the guarantee to make the repayments.
Sorry guys I’m not quite following what you mean. After reading the chapter The Truth About Structuring in Steve’s book I was under the impression that if I started a Family Trust and a Trust Company that I was the directory of. I could as a trustee guarantee the loan to the trust from the lender with a borrowing capacity based on my income and once I reached the limit with one lender as long as the loan was not in default and the repayment were met by a positive cash flow investment property I could then go to the next leander and leverage my income with them and do the same thing thus increasing my borrowing capacity by having multiple loans from multiple lender as long as all the repayments were being met is this not the case?
