sydneyinn replied to the topic How best to use a short term cash loan? in the forum Finance 10 years, 10 months ago
Thanks tommytucker (and Terryw).
sydneyinn replied to the topic How best to use a short term cash loan? in the forum Finance 10 years, 10 months ago
Thanks Terryw … I was hoping for more of a focus regarding investment strategies – i.e. would it be better to?:
a) Purchase the property outright – then get an equity based loan.
b) Purchase the property via a standard home loan.
d) Buy property at 90% LVR or more – Keep rest of the cash in offset to offset the interest.sydneyinn replied to the topic How best to use a short term cash loan? in the forum Finance 10 years, 10 months ago
Thanks heaps Shape – I like your suggestion.
Much appreciated.
sydneyinn replied to the topic How best to use a short term cash loan? in the forum Finance 10 years, 10 months ago
It's a hypothetical situation, whereby if you could obtain enough cash for a temporary period of time to purchase a property outright; would it be better to:
a) Purchase the property outright – then get an equity based loan.
b) Purchase the property via a standard home loan.Ie. Is it better to borrow against the value of an all paid up property…[Read more]
sydneyinn replied to the topic How to use a Trust to increase borrowing capacity? in the forum Help Needed! 10 years, 11 months ago
Thanks Shiny_Suit_Man! Much appreciated.
I wish I had read his book many years ago, and was able to implement his suggestions.
Is it still worthwhile setting up a company and trust still?
sydneyinn replied to the topic How to use a Trust to increase borrowing capacity? in the forum Help Needed! 10 years, 12 months ago
Thanks heaps Terryw! Your assistance has been much appreciated!
sydneyinn replied to the topic How to use a Trust to increase borrowing capacity? in the forum Help Needed! 10 years, 12 months ago
Thanks Terryw, I suppose it sounded too good to be true… is there any truth in what Steve has written about using Trusts to purchase properties?
He also writes: "Using multiple trusts and multiple lenders to source loans that I am guarantor for is one of the secrets to how I have borrowed tens of millions of dollars and bought hundreds of…[Read more]