Self-Managed Super Fund
A SMSF loan is a home loan used by a self-managed super fund (SMSF) to buy an investment property. If you have a self managed super fund or are considering establishing your own super fund, you are now able to use these arrangements to help you buy a residential or commercial investment property.
There are several excellent benefits of utilising a SMSF loan as part of your funds investment strategy such as the returns on the investment, whether that’s rental income or capital gains, it is all funnelled back into the super fund, increasing your retirement savings.
Investing in property with superannuation may not be as straightforward as investing with standard borrowing practices. All investments need to be in the best interests of fund members and in accordance with the laws around SMSF borrowing. As such, any property investment should have an income stream and realistic prospects for capital growth.
These funding lines may be difficult at first to understand but these types of finance are perfect for those who want to see what their super can do for them!
Talk to one of our experts today and see how we can assist you.