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Both ANZ and AMP exclude as policy I know in both cases, brokers have been able to slide them past credit. further advances on existing legacy book may be possible, BUT the last time we got busted with ANZ they wanted an ATO PBR on the HDT.................... ta rolf

Complexity per se isnt the issue, the use of a "tainted" asset holding vessel that is specifically excluded by many lenders as policy is. ta rolf

I have lots of these in portfolio when they were fashionable, sensible and only moderately difficult to finance Typically, as per a unit trust, the name of the borrower ideally needs to be the income unit holder, and then a security guarantee to be provided by the trustee. In general, but...