Yes you could use a unit of hybrid trust. You borrow money to buy units and then you personally claim the interest. This may result in you being able to claim the losses from interest initially.
But, what is the point? Why not buy in your own name instead.
I'd rather have control and not have it in my name. As noted prior, there are other benefits to hybrids. Sure it cost more to maintain and but as a summary from the book "trust magic" which was confirmed by a CPA last week
1. A hybrid trust is a cross between a unit trust and a discretionary (or family) trust which enables an asset to be owned through a trust and still allows the individual to take advantage of the short term negative gearing benefits if the deed is worded properly.
2. The hybrid trust effectively converts to a normal discretionary trust when the short term benefits have expired.
3. A hybrid trust allows two different people to use a trust to own businesses or properties using a simple structure rather than a more complicated one. This, in turn, will save money on professional fees such as accountants.
4. The hybrid trust could save a substantial amount of money in stamp duty if you choose to transfer the property held within the trust to your own self managed superannuation fund on retirement.