Total Members: 158,200

Munglord

  • Munglord replied to the topic Tax Lien Stories – how is everyone going with these? in the forum Overseas Deals 13 years, 2 months ago

    Hey guys, Is there a place you can go to find tax liens online?I know some of you have bought certificates/deeds online and I was just wondering what the process was once you've decided on a strategy. Cheers

  • Munglord replied to the topic No Money Down and No Loan in the forum Creative Investing 13 years, 2 months ago

    Terryw wrote:
    I think you will have a hard time convincing the owner of the property to allow you to keep the rent!

    I think that's the part that that's been most confusing as this really isn't a tradition deal… From my understanding I would take control of the property in exchange for paying the sellers mortgage from day one…The idea is…[Read more]

  • Munglord replied to the topic No Money Down and No Loan in the forum Creative Investing 13 years, 2 months ago

    Thanks Terry, I had assumed that if I can't find either a buyer or finance before the end of the 12 months I'd forfeit everything I'd paid to the seller already. I'd mainly try this strategy for two reasons: one because of my financial situation, as it would be extremely hard to get a loan right now as a working musician, and two because it would…[Read more]

  • Munglord replied to the topic No Money Down and No Loan in the forum Creative Investing 13 years, 2 months ago

    Thanks Bell, I'm getting an attorney to look into this for me as well as far as my legal obligations are concerned, I was wondering though is it still considered a 'wrap' when you're actually taking control of the propery (in my case putting a tenant in) in exchange for paying the mortgage for the seller?I'm considering around Sydney, the North…[Read more]

  • Munglord replied to the topic No Money Down and No Loan in the forum Creative Investing 13 years, 2 months ago

    Update: I've done a little more research and it sounds like a combination of an "option-to-buy" and an "assumption of mortgage" contracts. Anyone with any clue what might be involved in this kind of deal please let me know :-)

  • Munglord replied to the topic If your child asks do you tell them your income? in the forum No Subject 18 years, 2 months ago

    I think id have to agree with all who said they’re kids should know “HOW” you get it, not just “how much”.

    I think too many kids are taught from an early age that income earned from your job is everything: the more you earn the better your life is. I think most of us realise that’s not the case, however most of my life ive grown up with that…[Read more]

Munglord

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
158,200

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!