Discover how leftover funds after a property purchase can increase your borrowing capacity for your super fund! ✨
👉 Make sure your mortgage broker specialise in super fund lending for accurate guidance.
👉 For PAYG employees, employer super guarantee contributions are considered. Self-employed individuals should provide the last two years of super fund contributions.
👉 Rental income from the proposed property also factors into your borrowing capacity calculation.
👉 Surprisingly, personal liabilities can be a significant advantage for investors looking to leverage their super funds.
Be sure to tune in to the full episode at propertyaddictspodcast.com.au for more in-depth discussion and analysis.
Happy investing! 🏡💰
𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: Seek tax & credit advice specific to you