Hi All,
I was hoping someone maybe able to help me and offer some well needed advice on personal guarantees.
I am considering purchasing my first investment property through a company. I plan to borrow about 50% of the value of the property however I have been asked for a personal guarantee.
Has anyone managed to avoid needing/providing an personal guarantee? Are there any lending institutions that do not require personal guarantees?
I was hoping someone maybe able to help me and offer some well needed advice on personal guarantees.
I am considering purchasing my first investment property through a company. I plan to borrow about 50% of the value of the property however I have been asked for a personal guarantee.
Has anyone managed to avoid needing/providing an personal guarantee? Are there any lending institutions that do not require personal guarantees?
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