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  • Profile photo of njhansennjhansen
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    @njhansen
    Join Date: 2005
    Post Count: 6
    June 30, 2006 - 8:30 am

    Has anyone thought of using a family trust fund to unlock equity?

    I’m not sure quite how they work but ive been told they are a good way to unlock large amounts of equity.

    Profile photo of njhansennjhansen
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    @njhansen
    Join Date: 2005
    Post Count: 6
    May 29, 2006 - 1:56 pm

    yeah best to keep it seperate, cross-collateralising is never a good idea for the aboved mentioned reason. Its a common strategy of banks, Bankwest is one example. It increases your risk, if you have to sell your investment for whatever reason you will not be able to because you have the two loans as collateralised as one.

    Profile photo of njhansennjhansen
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    @njhansen
    Join Date: 2005
    Post Count: 6
    February 17, 2006 - 8:53 am

    thanks for the reply’s, i will go find an accountant [specool]

    Profile photo of njhansennjhansen
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    @njhansen
    Join Date: 2005
    Post Count: 6
    December 7, 2005 - 11:49 am

    A great book i’ve just read called “From 0 to 130 Properties in 3.5 years” recommends Steve McKnght and Dave Bradley. Don’t ask me if there any good at accounting though, but i know there good at investing :P:P

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