- By admin
- In Building wealth - Finance for investors, Supercharged retirement – Buying properties with super
Buying a property through your self managed super fund is an exciting process. You should always seek advice from your accountant or financial planner to ensure this product is suitable for you as an investment strategy.
It’s great to know that this option is still available to those who have previous bad credit such as defaults, court judgments or previous bankruptcies, even if these items are still showing on your credit file.
You will need to be discharged from your bankruptcy, but it can be as little as one day from your discharge date that you will be eligible for a self managed super fund loan, should you meet other criteria, such as appropriate balance of super fund, and sufficient super contributions made over the previous two years.
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