Total Members: 158,197

daffswan

  • daffswan replied to the topic SMSF rules for property investing in the forum Legal & Accounting 6 years, 4 months ago

    Yes the mortgage broker was a related company to the property. I know I have been scammed but it is very hard to prove anything.

    I am going to file a complaint with the Credit Ombudsman but think it will be too late in relation to stopping the purchase of the house.

  • daffswan‘s profile was updated 6 years, 4 months ago

  • bwan replied to the topic SMSF rules for property investing in the forum Legal & Accounting 6 years, 4 months ago

    The valuation came from a financial institution, but it was done through a mortgage broker. It was all done so backhandedly. The mortgage broker company assisted me in setting up everything in my SMSF, but the amount I could borrow came in a lot less due to the valuation. The first I knew was when a solicitor contacted me and the settlement…[Read more]

  • daffswan‘s profile was updated 6 years, 4 months ago

  • daffswan changed their profile picture 6 years, 4 months ago

  • beck_wanderer started the topic SMSF rules for property investing in the forum Legal & Accounting 6 years, 4 months ago

    Hi All,

    I have recently setup a SMSF and I am purchasing a property in it. However, the valuation came in a lot lower and so I did not get the requested loan amount. To go ahead with the purchase it would mean a bigger deposit as I am borrowing less. However, this goes against my investment strategy. It would mean 90% invested in property, a very…[Read more]

daffswan

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
158,197

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!