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  • Profile photo of Fat FreddysFat Freddys
    Member
    @fat-freddys
    Join Date: 2010
    Post Count: 2
    May 18, 2010 - 6:18 am

    Hi Paul,

    Thanks for your reply, I have been researching vendor financing/lease options and think that it is a very good strategy for generating positive cash flow and subsequently good back end profits.

    At this stage I need to get an independent solicitor and accountant to provide me with some advice (i.e. legal and tax implications).

    I have done some quick figures on my current property and think I would be able to generate a positive cash flow return and a good back end profit. This is based on current rental and purchase prices for the region and also the current interest rate. In saying this I may be more interested in doing a vendor finance deal on another property rather than my PRPOR.

    Thanks   

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