There is a wide range of different lending strategies that you can adopt for a Self-Managed Super Fund. You will want to be aware of all the different strategies that you have at your disposal so that ultimately you will be able to make a perfect choice.
Which Self Managed Super Fund lending strategy is going to be available for you to take advantage of?
Eclipse Super Lending Strategy
The Eclipse Super Lending Strategy is one of the most popular SMSF loan choices that people make. There are several advantages to this kind of lending strategy. You will be able to acquire loans at a much lower rate than usual and you will avoid paying for vastly inflated superannuation loans. This is a sensible financial decision that you can take.
This saves on application costs. With this kind of strategy, there will be a wide range of property options available to you.
When you hire a specialist SMSF expert, they will be able to walk you through the Eclipse Super Lending Strategy. They will assess your case and answer all of the questions that you have with complete authority.
This gives you the best chance of success, especially if you are unfamiliar with this area of finance.
Related Party Lending Strategy
Related Party Lending is different to Eclipse Super Lending. This type of lending allows you to borrow money from a wide range of different sources when you need to acquire a property. This type of loan allows you to avoid the expensive legal cost that you would otherwise incur. The type of property that you can invest in is unlimited when you choose to partake in this kind of lending strategy.
Hybrid Lending Strategy
Hybrid Lending is another strategy that you will be able to consider when you need a Self Managed Super Fund loan to buy or lease property. As the name suggests, the Hybrid Lending Strategy will allow you to borrow money from a couple of different sources.
You are going to borrow some of the money from a bank or another third party. You will also borrow some of the money from a related party. This requires a higher level of trust that the other lending strategies, but it is one that can pay off well for you.
There are several different lending strategies that you need to consider, and they can be offered by a wide range of different providers. Make sure that you are comfortable with the strategy that you have chosen, and be aware that each one has some limitations and a set of documents that you need to provide.
You will be guided through the entire process by an experienced SMSF expert, and they will have your best interests at heart. This can be a complicated process, and you will have peace of mind that no mistakes are going to be made when you have chosen a suitable company.