PropertyInvesting.com Homepage

wraps and rent to own

aus08's picture

Submitted by aus08 on March 19, 2008 - 9:05pm.

Joined: 17/03/2008

Hello everyone,

Could somebody please tell me which creative strategy to use in real estate that applies to today's market most. I would really appreciate your input on the wraps and lease to own methods and how they work. Thanks.

Khiem



March 19, 2008 - 10:20pm

Joined: 07/04/2003

Hi Khiem

We are still using both Lease/Options (Rent To Own) and Wraps (Installment Sales Contracts) in the current market.  We find that it's the particulars of each property transaction that steer us towards one of the many vendor finance strategies.  Not so much, the economice situation.  However starting off with just one (or two) strategies is a good way to get going. 

To ensure that you know the difference between a Wrap and a Lease/Option, may I suggest you have a look at:
http://www.propertyinvesting.com/strategies/wraps  and
http://www.propertyinvesting.com/strategies/lease-options

Another interesting resource to read concerning Vendor Finance, in real estate, in Australia is:
http://www.vendorfinancelawyer.com.au/page28.html

Good luck.

Cheers,  Paul

Paul & Karen Dobson
Vendor Financiers
http://www.NoDepositProperty.com.au
Phone: (02) 4984 9540

Talk to us about Wrap Training Joint Ventures.


aus08's picture

March 19, 2008 - 11:46pm

Joined: 17/03/2008

Hi Paul,

Thank you so much for your comment and the links.   Do you do JV with Melbournians?

Speak to you soon,
Khiem


March 23, 2008 - 12:20pm

Joined: 07/04/2003

Hi Khiem

I have sent you a PM.  Feel free to give us a call.

Cheers,  Paul

Paul & Karen Dobson
Vendor Financiers
http://www.NoDepositProperty.com.au
Phone: (02) 4984 9540

Talk to us about Wrap Training Joint Ventures.


Previous Topic

Vendor Finance

Next Topic

Short-term Private money sought - 10% secured.

User login

In The News

Today's Tip

Active forum topics

Who's Online

Take The Test

This article reproduced from http://www.propertyinvesting.com/ with permission.
© 2001 - 2008 PropertyInvesting.com Pty Ltd, All Rights Reserved