Matt George replied to the topic Borrowing money for SMSF in the forum Finance 12 years, 6 months ago
Hi b.free2live,SMSF loans are extremely common.Fixed interest rates start from 6.44% per annum fixed for 3 years and 6.99% per annum variable.$100K deposit will get you a $400K purchase.All you need is to add a bare trust to your SMSF.Not sure if you are aware you cant construct in SMSF.Passive income can be used to raise debt to purchase…[Read more]