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Cheers Rolf. Of course later down the track when it is feasible, I will get proper professional advice. This is not an appropriate time to DIY (even if it is a SMSF) :)

I would if I knew anything useful. When I first started planning this, there was no requirement for personal guarantee and getting a SMSF residential loan did not affect my borrowing capacity outside the super fund. Now that personal guarantees seem to be required, this will affect my borrowing...

Yes, Terry, the part that says: "Where the SMSF Trustee is/are individuals, no personal guarantees are required as the AMP Bank Loan Agreement binds them in their personal capacities too." The part "binds them in their personal capacities too" is new to me but your explanation is very. Thank...

Terry, you might have to explain this one from AMP SuperEdge: https://www.amp.com.au/wps/amp/au/FileProxy?vigurl=%2Fvgn-ext-templating%2FfileMetadataInterface%3Fids%3Dd79b061e458ed310VgnVCM1000004320220aRCRD

does resi require a personal guarantee? http://www.resi.com.au/products/home-loans/smsf-loan

I know that both Bank of Melbourne and Macquarie offer SMSF residential loans. There is nothing about personal guarantees on their web sites at this stage but its probably best you contact them directly to confirm: http://www.macquarie.com.au/mgl/au/personal/home-loans/smsf...