September 07, 2024

How to use your property for business loans and investing, ft. Ben Sum

34 minutes

Owen Rask is joined by Ben Sum, Head of Advice at Flint Group, for this Australian Property Podcast episode, to talk about the pros, cons and 'how-to' of using equity in your property for investing or a business loan.

Topics covered in this Australian Property Podcast episode:

Ben's successful background in entrepreneurship

The moment Ben realised he should play #2

Using your property as security

Equity for investment loans

The risks of borrowing to invest or fund a business

The difference between equity, debt and cash funding

Ben's advice to consider before funding a business

Why the bank could sell your family home if your business defaults or goes into liquidation

~~ Key resources for this episode ~~

Book a call with Flint: https://bit.ly/broke-rask

Rask community (have your say!): https://community.rask.com.au/home

~~ Resources you'll love ~~

Invest with Owen: https://bit.ly/R-invest

Mortgage Broking: https://bit.ly/broke-rask

Financial Planning: https://bit.ly/R-plan

Property Coaching: https://bit.ly/R-P-coach

100-point property checklist (PDF): https://bit.ly/prop-check

Accounting with Grey Space: http://bit.ly/3DG5lWS

Business Coaching: https://bit.ly/o-coach

Ask a question: https://bit.ly/3QtiY00

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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