EP48: How to Buy Property in your SMSF (Lending) with Nick Wilcox

Everything Property

Welcome back to one of the fastest growing australian property investing podcasts - Everything Property.
On this weeks episode we sit down with Nick Wilcox to discuss how someone may buy property in their Self Managed Super Fund (SMSF) as well as the story of Nick's unique property journey. In this episode we cover:
- How Nick built a 14 property portfolio
- How many properties he now owns and his plans for the future.
- Nick's career progression from the banks to private lending
- What types of properties his clients buy in their SMSF's
- How much money is needed upfront to buy in a SMSF?
- What size deposit is needed?
- What asset type can you purchase in a SMSF?
- What is the typical interest rate for a SMSF loan
- The relationship between LVR's and interest rates
- What banks lend for SMSF purchases
- How SMSF serviceability is calculated
- What happens when you sell a property in your SMSF?
- The multiple exit strategies available to investors who purchase in SMSF's.
Plus much more!
Don't forget to check out the summary post on out Instagram we just posted which covers what we discuss in this chat.
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Disclaimer: The topics, conversation, opinions and discussion provided in this episode are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision.