Caveats and Tips on buying OTP in Brisbane with SMSF ?

Discussion in 'Property Finance' started by JohnHenry, 21st Jun, 2015.

  1. JohnHenry

    JohnHenry Mister

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    Many thanks

    Thanks guys, it seems that you are correct.
    so in this case it would be make more sense to invest in property when the balance of the super is greater than $100k.

    Please correct me if I'm wrong.
     
  2. wombat777

    wombat777 Member

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    Some banks (e.g. ANZ) are starting to cut back on lending through SMSFs. More may follow. It might not be an option for property investors much longer if there are regulatory changes.
     
  3. Terry_w

    Terry_w Member

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    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/