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    SMSF Lending - 80% LVR for RIPs?

    Sorry, to clarify - $100K in super is fine but at 70% that only equates to a loan of $200K and a purchase price of $285Kish. STG & NAB and CBA will all accomodate at 70%. If you want 80% the extra cost (12K approx) would need to be worth it. At 80% the $100K super gets a property of $350K...
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    SMSF Lending - 80% LVR for RIPs?

    Minimum loan size the lenders apply is $250,000 - loans are through 3 lenders - rates between 5.39 - 5.59% as at 28/10/09. The issue with a smaller loan will be the set up costs - it's just not economical, you will burn up more money setting up the warrant than the extra funds you will be able...
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    SMSF Lending - 80% LVR for RIPs?

    Reply to Grossreal In answer to your questions - who owns the warrant - The warrant is owned by the SMSF - :) with your warrant the assett is held by the company and that supplies a warrant that get paid down - NO. The asset is held under Warrant by the trustee of the trust:) until the...
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    SMSF Lending - 80% LVR for RIPs?

    Chan & naylor Accountants - Ken Raiss has a product that allows us to go to an 80% lend using the SMSF via a warrant. Happy to discuss.
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