Search found 2 matches

by NewSlothWhales
Tue Aug 16, 2016 5:04 pm
Forum: Property Investment Forum
Topic: How much deposit do I need for an SMSF loan?
Replies: 2
Views: 69586

Re: How much deposit do I need for an SMSF loan?

Whoa, that's a whole lot! But I did check out that webpage and found out that we can use existing funds in our managed super account and use them to cover the deposit by moving them over to the SMSF. That's exactly what I'll be doing then. Thank you and good day.
by NewSlothWhales
Tue Aug 16, 2016 1:13 pm
Forum: Property Investment Forum
Topic: How much deposit do I need for an SMSF loan?
Replies: 2
Views: 69586

How much deposit do I need for an SMSF loan?

I think I've got 10% of the purchase price of the property I want to buy as my deposit. This would be enough for a normal home loan I guess but the thing is, I'd like to buy using my SMSF. I understand that this will be different so how much deposit will I need for an SMSF loan for most banks?