wealthcorpfs.com.au replied to the topic Just joined, thinking of buying another IP. in the forum Help Needed! 15 years, 3 months ago
Having equity in your current property, and/or net sale proceeds from the business will allow you to borrow to purchase an IP with minimal or no contribution. Bear in mind that in recent times the banks have tightened up on lending to a company, even though the director/s provide a personal guarantee/s. This may restrict you to borrowing the…[Read more]