who’ve recently set up an smsf, what part actually took the longest — the setup, bank account, or ATO approval?

You’ve got good equity and your income situation is stabilising—this puts you in a better position than you might think.

A short-term 2nd mortgage or caveat loan could be a viable option to clear arrears and position for a refinance, but do be mindful of costs. These are best used for 1–6 month bridging, not long-…[Read more]

With $500k cash and low serviceability, going through private lenders with a no doc or low doc business loan makes sense for short-term property flips. As Richard mentioned, expect rates around 1% per month plus fees, and LVRs usually max out around 65–70%.

Using a company structure can help bypass some serviceability hurdles, but d…[Read more]

For a cashflow-positive purchase like yours, a private lender or specialist broker is your best bet. Rates are usually around 1–2% per month,…[Read more]

Yes, banks can decline consent for a second mortgage. Most loan agreements include clauses requiring their approval before any additional charges are placed on the property, even if you’re within LVR l…[Read more]

To clarify a few common questions raised here:

Why can’t t…[Read more]

1. Caveat loans aren’t low-risk, even if they sound simple. A caveat gives you a legal interest in the property, but it doesn’t give you priority over the mortgage holder. If things go bad and the property’…[Read more]