The safe and easy way to use your super to invest in property
Use your Super to invest in property
If you’re interested in using your superannuation to buy a residential investment property, you may be unsure where to start. Since 2007, Australians have been allowed to purchase an investment property by using their Super as the deposit and borrowing the shortfall from a bank. This requires a structure called a Self Managed Super Fund (SMSF).
What is an SMSF ?
An SMSF allows you to manage your super and take full control of your investment decisions and spending. An SMSF enables you to pool the Superannuation savings of all members and invest the money. Taking full control of your Super can be a highly effective method of building your retirement wealth for the future.
How does an SMSF work ?
1. Set up and Rollover
- Review your specific circumstances with an accredited adviser to determine whether an SMSF is appropriate for you.
- Arrange the setup of the SMSF to take action and begin the rollover of your existing Super into your newly set up SMSF.
- You now have complete control of your Super.
2. Finance Approval
- Arrange for pre-approval for the SMSF loan.
- At this point you will know how much you can invest.
3. Property Purchase
- Identify the right property for you.
- Carry out the appropriate due diligence and purchase the property through your SMSF.
Where do I start ?
Any Australian, who has accumulated a certain amount of Super and meets the specified criteria, can use their Super to purchase a residential investment property.
“Investing Made Easy” will firstly help you determine whether you meet the specified conditions and then assist you with every stage of your Self Managed Super Fund, investment property purchase.
“Investing Made Easy” will firstly help you determine whether you meet the specified conditions and then assist you with every stage of your Self Managed Super Fund, investment property purchase.
