“We use $200,000 to pay down the home loan… then we take out a $200,000 loan and use that to invest… that $200,000 loan becomes tax deductible”
AG
Aidan Gullman
Financial Autonomy ·
Acquiring Minds · Side Hustle Acquisition to $5m in Revenue
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used an SBA 7(a) loan for 90% leverage on the acquisition, later added expansion loans and a commercial real-estate loan when SBA capacity was maxed out
90% loan on initial purchase; later commercial real-estate loan (amount not disclosed)
“We use $200,000 to pay down the home loan… then we take out a $200,000 loan and use that to invest… that $200,000 loan becomes tax deductible”
“You still can hold commercial property within your SMSF and attach an LRBA. So what that means is essentially the SMSFs can still get a loan to purchase a commercial real estate asset within that fund.”
“They can help unlock up to $3 million of conventional debt on top of the $5 million limit of SBA 7A loans.”
“Over 70% of the loans that we will originate this year will be loans that we characterize as off-market or preferentially sourced loans with those borrowers.”
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