Pinnie

In answer – Yes you can obtain a loan in joint names yet have the property in the name of the either party dependant on what is driving you behind this investment.

Feel free to contact us if you require any further information.

Cheers Richard
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our…[Read more]

Hi Wayne

Do you want to give us a little more information and i am sure we an come up with some suggestions.

Cheers Richard
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

When we started wrapping in 1996 people said you will run out of deposits and the bank will say a BIG NO.

187 properties later we are still going.

Cheers Richard
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

Firstly there are many reasons why people enter into wrap contracts and acceptability by the conforming or non conforming lenders is only one of them.

The current market and range of lenders has seen no slowly in the demand for wrap and license to occupy based products.

Secondly never buy a property with a view to wrapping it let the wrappee…[Read more]

If you do buy through the Investors Club just ensure that you never buy a property where the Vendor is Probuild Industries Australia or any name similar.

And yes i am ready for litigation if they have the courage to take me on.

Cheers Richard
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

Japanese property prices have been slowly falling for around 15 years.

If you wish to get involved in this market why not consider investing in Babcock & Browns property Trust as they are the only listed stock on the ASX which invests soleyl in Japanese property.

Havent done too badly since their market debut either.

Cheers…[Read more]

Why not get in touch with someone like Roy at Guardian Property Specialists as they specialise in the Perth area and can advise you accordingly.

I am happy to email you his details although he is a contributor to the forum.

Cheers Richard
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

Terry is correct CGT is based on the contract date and not the settlement date.

I assume that your buyer is not aware of something in Town Planning that you are not. The area is to be rezoned or has sub division potential etc etc.

Cheers Richard
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

I have to say and i hate myself for saying it but I totally as I often do agree with Robert.

A classic example is a current commercial deal I have been working for a few weeks with some clients whose Bank told them they do not do business loans secured against residential property.

The security was leasehold and after much painstaking i secured…[Read more]

One other consideration is the likely interest rate on the development funds.

With most of our developments (and we do have a good relationship with our Banker and are experienced in doing what we do) we still pay a higher rate than could be obtained on a residential housing loan.

Your Bank are likely to charge you a higher rate so once the…[Read more]

Starglow

Also remember a fool and his money are easily parted.

By this i mean dont be in a hurry to burn a hole in your pocket. If you are happy to pay LMI then you could easily borrow 95% agaisnt the IP purchase price meaning you have more of your money to move onto the next deal.

If you wrap the property (Please don’t exceed 80% as MI get a…[Read more]

Flying Kiwi

Might want to consider getting in touch with some like Roy at Guardian Property his is a member on the forum here or Apostle who again can be found lurking here.

Both specialise in the Perth / WA area.

If you cant find them i can email you there contact details.

Cheers…[Read more]

Kendo i am warning you dont fire up the chick magnet.

Cheers Richard
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

Kendo i am warning you dont fire up the chick magnet.

Cheers Richard
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

Havent we been over this over and over again.

Stacking, jacking, rebating, uping are all flash names for something which is out and out fraud.

Munjy last time i check you could negotiate Real Estate commission but CGT you couldn’t. Inless of course you and Michael Carmody are on drinking terms

Cheers…[Read more]

Rick

We do a lot of finance in the US and have done so for over 20 years both from here and back in my days in the UK.

Happy to answer any questions you may have on the US market.

Cheers Richard
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

In most cases you do not require an Australian Bank reference for obtaining US finance.

Some lenders require 3 credit references other have no such requirements.

Similarly some require a copy of your Baycorp credit references other will ignore this.

Financing deals in the US is not easy unless of course you buy in Florida so you need to deal…[Read more]

Hi voigtstr

Can you tell us the approximiate price range of the property you would be looking for?

Cheers Richard
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

If Westan is not going to promote his services i will.

The world is a big place and opportunity lies within it. The US has some exceptional returns both in the way of Capital Growth opportunities and positive cash flow.

Why not ask Westan to pop you on his mailing list and see what he and Alvin can find for you to look at.

Cheers…[Read more]

Hi Pabbs

Sounds to me you need a combination of both capital growth through direct property investment as well as some positive cash flow to counter balance the negative gearing.

Roy and his team at GPS network have a good range of property which could be the way to start with. If you are looking at holding long term and prepared to accept short…[Read more]