Hi Richard

Would you be able to give us a rough idea how the bank calculates the percentage of equity the borrower sacrifices? Also, does this calculation have a “time” component in it? Thanks.

Cheers, Paul

Paul & Karen Dobson
negative2positive
Turn your negatively geared property into positive cashflow.
Phone: (02) 4984 9540

Talk to us…[Read more]

Hi Dave

As you will will probably be investing some hundreds of thousands of dollars building your portfolio in the future, I’d suggest you don’t “nickel & dime” your real estate education.

I suggest that $100 is very cheap education. I’d also suggest you have a look at
https://www.propertyinvesting.com/resources/11.html

Good luck.

Cheers,…[Read more]

Hi Izzy

Have a look at the Help Needed forum, the first “Sticky” thread. It’s at
https://www.propertyinvesting.com/forum/topic/22508.html

Good luck.

Cheers, Paul

Paul & Karen Dobson
negative2positive
Turn your negatively geared property into positive cashflow.
Phone: (02) 4984 9540

Talk to us about Wrap Training Joint Ventures.

Hi Francis

My wife and I have recently turned three different negatively geared properties into positive cashflow for our clients.

We do this buy selling the properties with Vendor Finance. We structure this type of sale so that you receive positive cashflow until the new buyers refinance out of your Vendor Finance, into a traditional loan. This…[Read more]

Hi w1ward

My wife and I have recently turned three different negatively geared properties into positive cashflow for our clients.

We do this buy selling the properties with Vendor Finance. We structure this type of sale so that you receive positive cashflow until the new buyers refinance out of your Vendor Finance, into a traditional loan.…[Read more]

Hi

In the winter (in the southern hemisphere) the sun travels north (or seems to but we won’t get into too much science here).

If your house is facing north, it gets more sun in the winter and therefore should be warmer in winter.

Cheers, Paul

Paul & Karen Dobson
negative2positive
Turn your negatively geared property into positive…[Read more]

Hi

In the winter (in the southern hemisphere) the sun travels north (or seems to but we won’t get into too much science here).

If your house is facing north, it gets more sun in the winter and therefore should be warmer in winter.

Cheers, Paul

Paul & Karen Dobson
negative2positive
Turn your negatively geared property into positive…[Read more]

Hi Molly

Sorry, I don’t know cashflowcapital.com As you are just starting out I’d suggest you read Steve’s latest book. Good luck.

Cheers, Paul

Paul & Karen Dobson
negative2positive
Turn your negatively geared property into positive cashflow.
Phone: (02) 4984 9540

Talk to us about Wrap Training Joint Ventures.

Hi nikikb

I would not sell it. As mentioned above, I would access some of the equity in this IP and use it as a deposit for another IP. Good luck.

Cheers, Paul

Paul & Karen Dobson
negative2positive
Turn your negatively geared property into positive cashflow.
Phone: (02) 4984 9540

Talk to us about Wrap Training Joint Ventures.

Hi Tony

We’ve now done a total of 17 Vendor Finance real estate transactions (since March 2004). These have mainly been Wraps but we’ve also done Lease/Options and Second Mortgage Carry Backs.

My wife and I paid the money and got ourselves educated in Wraps, etc and now have a very profitable business that we enjoy immensely. Good…[Read more]

Hi Cougar

Dale Gatheum-Goss get a very good wrap up on this and other forums. His website is at:
http://www.gatherumgoss.com/

Good luck.

Cheers, Paul

Paul & Karen Dobson
negative2positive
Turn your negatively geared property into positive cashflow.
Phone: (02) 4984 9540

Talk to us about Wrap Training Joint Ventures.

Hi Carmelian

Try:
http://www.nmddata.com.au/index.php

Good luck.

Cheers, Paul

Paul & Karen Dobson
negative2positive
Turn your negatively geared property into positive cashflow.
Phone: (02) 4984 9540

Talk to us about Wrap Training Joint Ventures.

G’day John

We’ve been successful in refinancing peole out of our wraps by offering a zero cost refinance to them. We had plenty of profit in the transaction so the cost was relatively small and gave us access to our profit. We did however insist that this was a once only, not to be repeated, promotion that had to be taken up in 4 weeks from…[Read more]

Hi Bronny

Karen and I have built what we regard as a successful vendor finance business using Rick’s product and his mentorship. I couldn’t agree more with Dr X. It’s definitely “what you make of it”.

I’d suggest you have a look at the following resources to try to get a bit more information on Vendor Finance, before you start disposing of…[Read more]

Hi Trude

Karen and I operate mainly in NSW and Qld. In NSW we use Tony Cordato for our contracts, including Rent To Owns (a lease and an option to purchase). In Qld we use Paul Brennan.

Good luck.

Cheers, Paul

Paul & Karen Dobson
negative2positive
Turn your negatively geared property into positive cashflow.
Phone: (02) 4984 9540

Talk to…[Read more]

Hi tiredofthis

Hmmm, not to far away from giving up the 9 to 5 because of the business we’ve build with Rick’s help and every one of our clients happy to give referrals.

Gee it’s a bugger being brainwashed

Cheers, Paul

Paul & Karen Dobson
negative2positive
Turn your negatively geared property into positive cashflow.
Phone: (02) 4984…[Read more]

Hi SRO

Karen, my wife and I were trained by Rickand have now on sold many house using various vendor finance techniques. We would be happy to give you the names and telephone numbers of every single one of those purchasers because they’ve already told us that we don’t have to ask each time, just get our prospective buyers to ring them.

If you…[Read more]

Hi Nathan

Richard is spot on. If you would like more information on this topic, click on:
http://www.bantacs.com.au/booklets/Capital_Gains_Tax_Booklet.pdf
and scroll down to the heading, “Wraps – vendor finance arrangements”.

Good luck.

Cheers, Paul

Paul & Karen Dobson
negative2positive
Turn your negatively geared property into positive…[Read more]

Hi Property4Me

I certainly don’t know enough about the bankruptcy laws to comment on that one. however, if you really need an answer from one of the country’s most experience vendor finance lawyers, I’d suggest you give Tony Cordato a call and ask him the question. His number is 8297 5600.

Good luck with your first wrap.

Cheers, Paul

Paul &…[Read more]

Hi Pirate

Our experience is that the NRMA have a very good Landlord’s Policy.

Cheers, Paul

Paul & Karen Dobson
negative2positive
Turn your negatively geared property into positive cashflow.
Phone: (02) 4984 9540

Talk to us about Wrap Training Joint Ventures.