Total Members: 158,331

Nymph

  • Nymph replied to the topic Owner Finance Suggestions in the forum Finance 13 years, 1 month ago

    bardon wrote:
    Looking for some suggestions with respect to setting up owner finance options for an existing property that I own.

    Details are:

    Nice bay side Suburb Melbourne
    3 bedroom house
    Bank valuation late last year at 1.1m
    Market rent about $800 pw
    Fully financed by me now

    Considering finding a future owner to take over loan repayments…[Read more]

  • Nymph replied to the topic At what point do you re-value after reno? in the forum Value Adding 13 years, 1 month ago

    Jamie M wrote:
    The amount of time can depend on the lender. Give them a buzz, explain that you've added significant value, and see what they say.

    I agree with jamie. And that is true too that the more your property is looking new the more it is supposed to give you value. So all you need is to boost that what you are presenting is fine.

Nymph

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