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  • Profile photo of cosmicstarcosmicstar
    Participant
    @cosmicstar
    Join Date: 2012
    Post Count: 3
    May 2, 2012 - 5:20 am

    Thanks Mike,

    what if I form a trust here and then take a loan from overseas bank ??

    Will that be ok ???

    Profile photo of cosmicstarcosmicstar
    Participant
    @cosmicstar
    Join Date: 2012
    Post Count: 3
    May 2, 2012 - 4:24 am

    Thanks for the reply Mke and QLD Mr Bond,

    I wish yo buy a property in India in my hometown.

    So if I setup a SMSF and then create a trust, will any lender give me a loan ??

    The property I wish to buy is about $150k and I will need a loan of about $100k

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