PropertyInvesting.com | hufnstuf | Activity https://www.propertyinvesting.com/members/hufnstuf/activity/ Activity feed for hufnstuf. Tue, 07 Apr 2026 00:38:47 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 8b992e2ce692e9234f9b286b5a7b74fe hufnstuf replied to the topic free deposits in the forum No Subject https://www.propertyinvesting.com/topic/4367245-free-deposits/#post-4424426 Tue, 26 Aug 2003 13:19:31 +0000 Rob

I certainly wouldn’t go near this approach. Apart from the illegal aspects there is the risk of losing all credibility with the banks – also paying more stamp duty than you otherwise would on the inflated purchase price.

Regards

]]> 85c4cc82e9fcbeb516911872e394a885 hufnstuf replied to the topic free deposits in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367245-free-deposits/#post-4424425 Tue, 26 Aug 2003 13:15:46 +0000

quote:
Hi

Just finshed talkin to an investor that said they bought a house for $200’000 but had on the contract 250’000 so they get 50’000 extra cash from the bank which they are using as deposits on potive cash flow houses I said that it was illegal and they said that everyone is doing it what are peoples thoughts on this.

Thanks Rob

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