Mike
Question pls
Lets say we've used our SMSF to buy an IP and still have $200K left over.
Can we use those $200K + our employer contributions to cover the shortfall for the next 10 years or so?
Also, if we have reached serviceability outside super how do we overcome this problem?
Can the remaining super funds be considered as our ability to service the loan?
Many thanks
Question pls
Lets say we've used our SMSF to buy an IP and still have $200K left over.
Can we use those $200K + our employer contributions to cover the shortfall for the next 10 years or so?
Also, if we have reached serviceability outside super how do we overcome this problem?
Can the remaining super funds be considered as our ability to service the loan?
Many thanks