All Topics / Help Needed! / Borrowing power and entity structure

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of markemark74markemark74
    Member
    @markemark74
    Join Date: 2007
    Post Count: 1
    May 20, 2010 - 1:00 am

    Hi, I have two questions –

    1. How do I increase my borrowing power?
    2. If we set up a company as the entity to invest through, does that company need to be trading prior to owning property?

    Thanks
    Markemark

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    May 20, 2010 - 6:07 am

    1. Only two ways really
     – earn more
     – owe less

    2. no. in fact lenders may be reluctant to lend to a trading entity because of the added risk.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.