You wouldn't judge an inheritance - so why judge the Bank of Mum & Dad?

How Do They Afford That?

With property prices soaring, the amount needed for a deposit has climbed too. And that's left many people with no option but to turn to the Bank of Mum & Dad. Parental assistance to get into the property market has grown, and yet there's a stigma around it - a stigma that doesn't exist for inheritances.
In this special episode, Canna and Michael are joined in the studio by Cam McLellan, CEO and co-founder of OpenCorp. A property investor with an incredible story to tell, he's also the author of ‘My four year old, the property investor.' He takes Canna and Michael through the Bank of Mum and Dad, exploring the strategies and stigma, and how investors can make it work for them.

OpenCorp is a supporter of this podcast.

The information in this podcast is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant Product Disclosure Statement or other offer document prior to acquiring any financial product.

Canna Campbell is a Corporate Authorised Representative and Corporate Credit Representative of Wealthstream Financial Group Pty Ltd ABN 35 152 803 113 Australian Financial Services Licensee AFSL 412079.

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