Scibbo's StoryAn investment for a future PPOR.Scibbo came to us with $180,000 in his SMSF. And he was earning $105,000 pa. He wanted to purchase a property in his SMSF although he wasn't sure if he would qualify. He'd never owned property before, and he never thought he would own property. First we worked through the nerves of actually applying for a loan, and then we worked with him to establish the maximum loan amount he could borrow, and the maximum he could spend on a property. We worked with Superannuation Warehouse who set up the Super Fund, and RWE who found the perfect property. He didn't really know where he wanted to buy, although he did ask the question... "Could I live in the property once I retire?" |  |
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