Borrowing
Reply: 2.1.1.1.1
From: Even Steven
Steve
I like the sound of having a trust. How does one set a trust up - through a lawyer or through an accountant? Exactly how does a trust give one more capacity for borrowing?
Steve
Borrowing
Reply: 2.1
From: Even Steven
Michael
A sensible bit of advice there, thanks.
The banks are ultra conservative though and just because they are not prepared to take on any risk doesn't mean that no-one should, don't you think?
Steve
From: Even Steven
I'm sure a lot of investors have reached the point where they cannot get anymore finance from the banks due to lack of equity or lack of serviceability (or both). It does not take very long to get to that point. What do you do for finance after that?