Hi Peter,
I have posted you a PM I have a place in Seven Hills you may be interested in.

http://www.kiwilogic.biz

Cheers
Kiwi

Hi Eloise,

You can start with no cash…. however you need one or more of the following:

– The skills to formulate advanced deals where you put together the transaction and get hte money partners and take a cut.

– The Education to know how to use various tools of the trade such as lease options, Options, Sadnwish Options, Joint Ventures, Vendor…[Read more]

if you are looking for an over all great tool … then I think the PIA PRO is fantastic…. and if you are looking to see how much you will be paying over a period of time …. you just need to find an amortisations spreadsheet.
Thanks
Kiwi

Hey Thanks :o)

Looking for Positive cashflow solutions?
Look no further
Wraps-Lease Options & JV’s
http://www.kiwilogic.biz
We are investing in NZ so if you are looking for + cashflow properties…contact: info@kiwilogic.biz to join our database.

Paying off your own property is a loability as it is taking money out of your pocket….. however when you sell it you will turning it into an asset as long as the nett ammount you have paid (repayments, rates, insurance, repairs and renovations etc) do not exceed the return from the sales price.

The other thing to condiser is the banks will…[Read more]

Hey There,
If you are not sure what you are doing then I might suggest keep on doing what you are doing…. educate yourself some more and it will eventually fall into place and you will know where you wnat to go, how you want to do it and WHY.

Cheers
Kiwi

Looking for Positive cashflow solutions?
Look no further
Wraps-Lease Options &…[Read more]

Stu,
Could you actually charge the trust interest for hte use of the funds?
Cheers
Kiwi

Looking for Positive cashflow solutions?
Look no further
Wraps-Lease Options & JV’s
http://www.kiwilogic.biz
We are investing in NZ so if you are looking for + cashflow properties…contact: info@kiwilogic.biz to join our database.

Hi There,
The challenge here is to find a lender that will lend to a unit trust or company that is a trustee to the trust. Most lenders require 2 years financials (your accountants). And you have to have been trading for at least 2 yeasr also. This can be an expensive excersize and painful awaiting for the day you can actually use the company for…[Read more]

Hi all,
I am confused here…. if hte seller and the buyer have agreed and the bank agrees that the property values up …. and the buyer can service the loan…. where is the issue again?
Cheers
Kiwi.

Looking for Positive cashflow solutions?
Look no further
Wraps-Lease Options & JV’s
http://www.kiwilogic.biz
We are investing in NZ so if you are…[Read more]

Hi There,

Good on you for choosing cashflow over capital gain….. well at least for now.
Best of luck with your endeavours,
Regards,
Kiwi

Looking for Positive cashflow solutions?
Look no further
Wraps-Lease Options & JV’s
http://www.kiwilogic.biz
We are investing in NZ so if you are looking for + cashflow properties…contact:…[Read more]

Hey Harry,

Good on you for asking questions.

Most landlords that complain about vandalism and vacancies non paying etc…. either:
Do not have the correct insurance in place, incorrect property managers, bought in the war zone, Not a thorough enough check in tennants (or a combination of these.

The more entry and exit strategies you learn the…[Read more]

Hi Camder…. Well what can I say …. you are kicking ass out there! Good one you.
There are a million things you can do and frustration is a key part as it usually forces change. Just to answer one of your questions about why would someone do the 12 month settlement scenario? I have done this a few times successfully and usually the reasons are…[Read more]

Either way (installment contracts or Lease Options…… you are trading off some of the future profits for cash today. In both cases you are committed to locking in the price no matter what the future holds.
good luck people.
Kiwi
Don’t send/provide all of your application forms to the applicants until they have expressed interest in the house……[Read more]

Try Resi-Home Loans…..
They are originators and if you have a concept to sell… then they may work with you.
Cheers,
Kiwi

Looking for Positive cashflow solutions?
Look no further
Wraps-Lease Options & JV’s
http://www.kiwilogic.biz
We are investing in NZ so if you are looking for + cashflow properties…contact: info@kiwilogic.biz to join our…[Read more]

You could set up a joint venture partnership for a single property. If the property is cashflow positive then you should not have to many issues getting finance… unless you are trying to come up with the 20% that the bank will not cover.

If you have equity in the property then you could access it to provied the 25% that the bank will not lend…[Read more]

Hey Mini Mogul…. price on this one os over $1,000,000 … .and yo uare correct …. offers are like tumbleweed rolling in.
Cheers,
Kiwi

Looking for Positive cashflow solutions?
Look no further
Wraps-Lease Options & JV’s
http://www.kiwilogic.biz
We are investing in NZ so if you are looking for + cashflow properties…contact: info@kiwilogic.biz…[Read more]

You can do this ……
Two ways I have done this is…..

1. Sign up a standard option… you can get out of it but will forfeit your option fee if you pull out (usually (but not always) need a larger option fee to create that win-win with the seller)… You simply find a buyer and pass contracts for a fee & or sales price difference.

2. Sign up…[Read more]

Hey There,
You could try asking if the vendor will fund the short fall that the bank will not fund. This way you could get the property and perhaps assign a builder that could parttake in a share of the profits if he agrees to not charge for building untill the house is onsold.
Just a couple of ideas,
Cheers,
Kiwi

Looking for Positive cashflow…[Read more]

I am negotiating one right now and it is returning 10% yeild and in monetary terms ….. $34K per annum Nett (approx)

+ it is in a great high density population area In the North Island.

They are out there in abundance…. you just need to seek and find solutions to problems.
Cheers,
Kiwi

Looking for Positive cashflow solutions?
Look no…[Read more]

Is it a possibility for you to live in a rented house and rent out your PPOR so that it can be +CF and interest is tax deductible

This is not possible as if the money trail is followed (by tax department) the original intention for the loan to purchase the house for a PPOR thus no claim or deduction can be made against the loan.
However in saying…[Read more]