Search results

I think ANZ have never lent for SMSFs but you are right. Today I received an email from a smaller lender, The Rock, saying they would no longer be offering SMSF loans. NAB recently stopped lending too for SMSF/

Don't even consider it.

a drop in value before settlement will mean the fund has to come up with more cash as the loan will be less.

What if the fund cannot get finance? What if the laws change regarding limited recourse borrowing? Have you sought legal advice on what name should go on the contract, drafting of the custodian trust deed, how to avoid triple stamp duty? Is a personal guarantee required by the vendor...