wellyboot replied to the topic Another newbie in the forum The Treasure Chest 22 years ago
Many thanks Terry
Cheers
Wellybootwellyboot replied to the topic Another newbie in the forum The Treasure Chest 22 years ago
A twist on the LOC option is to get a interest only loan with a 100% offset capability.
The advantage of this method is a cheaper interest rate.
The down side is that they review this loan as the interest only component is for a fixed period.
As AD says it is very important that you set up the structure correctly.
Some of the…
wellyboot replied to the topic Another newbie in the forum The Treasure Chest 22 years ago
Hi Bruce,
Many thanks for your help. Very much appreciated.Cheers
Wellyboot [
]wellyboot replied to the topic Another newbie in the forum No Subject 22 years ago
quote:
Hey Wellyboot,
Welcome to the forum …or as Bruce says….PI.com [
]Just a thought as to what you guys shoulg set up… It really depends on the situation and the money split. You should speak to a solicitor to consider the four main approaches.
1. Form a company.
2. Set up a Unit Trust.
3. Do a Joint Venture.
4. Form a partnership.All…
