Why Are More People Looking at SMSF for Property Investment?
According to Zaid, SMSF property investment is becoming more popular because investors are getting better educated on their options. “Investors are hungry to invest and are always looking for more ways to make it happen. SMSF is the perfect avenue for someone who has maxed out their borrowing capacity in their personal name.” By leveraging their superannuation, investors can purchase property without affecting their personal borrowing power, making it an attractive option.
Do All Lenders Work with SMSF, or Do You Need a Broker?
“Not all lenders do SMSF,” Zaid explains. “Some of the major lenders used to be in this space, but now it’s harder for a buyer to get an SMSF loan on their own. Definitely worth chatting to a broker, as we have multiple options available.” Because SMSF loans are a specialised area of lending, working with an experienced mortgage broker ensures investors can access the right lenders and loan structures tailored to their needs.
How Easy Is It to Set Up an SMSF?
Zaid reassures potential investors that setting up an SMSF isn’t as complex as it may seem. “From personal experience, it’s not difficult at all. With the right accountant/financial adviser in your corner, the process isn’t too daunting.” The key is to have the right professionals guiding you through the process to ensure compliance with regulations and a smooth setup.
What Are the Minimum Requirements in Terms of Cash Amount?
Most lenders require a minimum of a 20% deposit, plus some liquidity left after the purchase is complete. However, Zaid highlights an exception: “I do actually have one lender on my panel who will accept as little as a 10% deposit.” This flexibility means that more investors can explore SMSF property investment without needing to accumulate a substantial upfront sum.
How Can a Mortgage Broker Help with SMSF Property Investment?
“I can help in setting up the pre-approval once your SMSF is established,” Zaid says. “I can walk you through the process step by step and simplify it as much as possible. Always open for a chat (obligation-free) to elaborate.” Having an expert mortgage broker on your side can streamline the lending process and ensure you secure the best possible loan terms for your SMSF investment.
Finding the Right SMSF Property with PB Property
At PB Property, we specialise in assisting investors with finding the right property to suit their SMSF needs. Investing through an SMSF comes with unique requirements and considerations, and we ensure our clients make informed, strategic decisions that align with their long-term financial goals. Whether you’re looking for high-growth locations or strong rental yield opportunities, we help you source properties that fit within SMSF lending criteria and maximise your investment potential.
