W
WebBoard
Guest
From: Michael Mudman
This question is for all the people who have previously bought property using a trust.
I would like to buy my next property in a unit trust structure. I would like to borrow the money under my own name to buy income units in the trust, using the property in the trust as security for the loan.
What is the process (and how is it different) for buying a property and applying for finance for a property held under a trust?
What are the steps I should take in setting up something similar to the example mentioned above?
Thanks,
MICK.
This question is for all the people who have previously bought property using a trust.
I would like to buy my next property in a unit trust structure. I would like to borrow the money under my own name to buy income units in the trust, using the property in the trust as security for the loan.
What is the process (and how is it different) for buying a property and applying for finance for a property held under a trust?
What are the steps I should take in setting up something similar to the example mentioned above?
Thanks,
MICK.
Last edited by a moderator: