I am trying to help my father-in-law save the farm (literally). This is a classic case of equity rich but servicability broke. We do not want to simply sell up, since this is a fantastic fourth generation farm in a beautiful part of the world. Also, since the property has recently been mentioned (indirectly) in several of the property investment magazines, we believe there is considerable capital growth in the land. We need advice on how to establish a line of credit against the farm in order to invest in some income producing managed funds in order to finance moderate living expenses. The difficulty as I perceive it is that, unlike the rent of an IP, the future income of the MFs is not taken into account when calculating the servicability of the loan. Given there is only a small income available at the moment, I think we may have trouble establishing the loan. The property is totally debt free. There has never been a mortgage over the property. A friendly RE agent has valued the property at about $1m, but this would go up to $2.5+m if the current sub divisions where completed. My rough calculations suggest that we need to set up an LOC for $300K to comfortably produce an disposable income of $50k pa. Can anybody advise us or point us in the right direction to a bank, applicable documentation, a specialised broker or anything....?