Finance

SMSF & Its myths

Using your super to buy property?
Let’s clear up some common myths about SMSF loans.

Myth 1
❌ “I can live in the property my SMSF buys.”
✅ Fact: SMSF properties must be purely for investment. You (or family) can’t live in or rent it.

Myth 2
❌ “I need millions in super to get started.”
✅ Fact: While you do need a solid base (usually $150k+), you don’t need a fortune. The right strategy matters more.

Myth 3
❌ “Any lender will offer SMSF loans.”
✅ Fact: Only select lenders do—and each has strict criteria. That’s where brokers like Finselect come in.

Is it worth it?
It depends on your goals. SMSF loans can help build long-term wealth, but they come with rules, costs, and complexity.

So how can we help?