Financing question
Hi,
I am hoping someone could help clarify how my TDS/borrowing capacity would be affected if I financed a $40,000 purchase of private shares from my company at 3.45% that return a dividend of 20% per year rather than paying cash. I have the cash available, but I am hoping to scale and finance multiple properties in 2021 so I’m not sure if financing or paying cash is the better option. I currently have no debt.
Thanks in advance!
I am hoping someone could help clarify how my TDS/borrowing capacity would be affected if I financed a $40,000 purchase of private shares from my company at 3.45% that return a dividend of 20% per year rather than paying cash. I have the cash available, but I am hoping to scale and finance multiple properties in 2021 so I’m not sure if financing or paying cash is the better option. I currently have no debt.
Thanks in advance!