Bridging a loan to comfortable retirement: Case Study
Bridging Loan. The Clients: Mr and Mrs Selassie, retired in their early 80s, own a $1m home in Melbourne and a $2m commercial property in Brunswick, VIC. They took out a reverse mortgage on their property but realized it was not suitable for them. The commercial property needs urgent structural changes and refit, and they […]
9 THINGS TO KNOW BEFORE BUYING THROUGH YOUR SMSF
So some of your friends have bought property with their Super money? Now you are keen to do it too. Here are the crucial issues you need to consider before buying a property through your Super: 1. It might not be right for you. Setting up an SMSF can be costly and you usually need […]
USING YOUR SUPERANNUATION TO INVEST IN PROPERTY?
When the idea of buying a property through Super via bank loan – also known as SMSF (Self Managed Super Fund) lending – first originated, it was seen as the preserve of high-tech financiers and the well-heeled elite of Australia, looking for the tax breaks usually reserved for the kind of people who don’t need […]