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Showing posts from June, 2019

Smsf Property Loans

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Once you have decided to start a Self Managed Super Fund (SMSF) one of the key decisions you need to make is whether to have an individual or a corporate trustee. In my belief, there is no conclusion to be made. The longer term benefits of a corporate trustee far outweigh the small additional cost. If this small cost is a significant issue for you then the reality is that maybe a Smsf Property Loans is not for you. A SMSF is a long term investment structure so you should be focusing on exactly that and setting the most excellent structure up for the long term from day one. Cost is the only reason to have an individual trustee over a corporate trustee, but as mentioned above think long term and not about saving a few hundred dollars at the front end. A sole purpose corporate trustee should be used. This is your long term investment structure, set it up properly and keep it separate from all of your other assets. A corporate trustee comes with esta

Construction Loans

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A construction loans (also known as a “self-build loan") is a short-term loan used to finance the building of a home or another real estate project. The builder or home buyer takes out a construction loan to cover the costs of the project before obtaining long-term funding. Because they are considered fairly risky, construction loans usually have higher interest rates than traditional mortgage loans. A construction loans is the type of loan that one gets to finance the construction of a new developing or buildings. If construction loans is in use out by a borrower who desires a home built, the lender might pay the funds openly to the contractor rather than to the borrower. The payments might come in installments as the project complete innovative phase of growth. Construction loans can be taken out to finance rehabilitation and restoration projects, as well as to build new homes. How Can You Use A Construction Loan? Construction loans for a gener