I am with Robert a 0.5-0.7% saving off your home loans and the correct structure with regards to the loan format will save you so much more than the promise or sorry GUARANTEE of 9% P.A.

And what happens when the Company does not perform does the Financial Adviser cover the shortfall. Remember will your FA be around when you come to retire.

The…[Read more]

gavelle

Happy to help out by answering wrap questions if you want to email me.

We currently have 187 properties where we have provided a form of vendor finance so like to think we now our stuff.

Cheers Richard
richard at castlewhite.com.au
Email me for details of our Qld wrap CD which gives you a full Installment Contract.

Psyduck

If you are interest in wrapping or providing Vendor finance facilities then please feel free to email me.

As a company we currently have 187 properties which we own and have wrapped. Have been offering venodr finance terms since 1996 although have been involved in property investment for over 20 years.

Happy to answer as many questions…[Read more]

I totally agree with Robert.

Structured correctly you could get the investment property to work for reducing the term of your non tax deductible home loan and creating equity quicker.

Tax benefits at source will also aid in speeding up the repayment process.

Look at other ways to generate income such as wraps in orer to repay your home loan as…[Read more]

I thought the whole program was a load of rubbish

Firstly your purchase costs in Qld would have been around $15K then your sale costs at $400K around $12K.

Then you have your BSA premiums, insurance & interest. Even if you assume that a couple of these were covered in there $40K reno i thought the whole thing was a poor stunt.

Quality work…[Read more]

Clay
I know Burbong St well i am only around the corner.

Might like to try Realway up in kenmore talk to Noel Elliot (principal) or one of the rental girls tell them Richard Taylor sent you.

Cheers Richard
richard at castlewhite.com.au
Email me for details of our Qld wrap CD which gives you a full Installment Contract.

I am happy to mentor anyone in Qld when it comes to wrapping.

Due to time restraints would be happy to happy to answer and direct by email to start with.

Cheers Richard
richard at castlewhite.com.au
Email me for details of our Qld wrap CD which gives you a full Installment Contract.

I am not getting bent anywhere.

I just get annoyed when people with no idea and obviously no experience start spurting on how to deceive banks and advocating non disclosure.

I thought the mortgage & investment industry was slowly weeding out the rotten apples but there appears to be new ones wanting to step into there place.

Cheers…[Read more]

where are you both based?

Cheers Richard
richard at castlewhite.com.au
Email me for details of our Qld wrap CD which gives you a full Installment Contract.

Chapel Hill Heights

Western Suburb of the River City

Cheers Richard
richard at castlewhite.com.au
Email me for details of our Qld wrap CD which gives you a full Installment Contract.

Scissors

Need to check the requirements for being a Buyer Agent and also the Credit License requirements in WA.

Cheers Richard
richard at castlewhite.com.au
Email me for details of our Qld wrap CD which gives you a full Installment Contract.

Scissors

Many poeple have done just what you are considering both well and not so well.

A couple of things off the cuff to consider:

1) Maybe look at a Unit Trust structure so that investors can come and go without having to sell the property. They merely sell there units and life carries on regardless.

2) Look at the amounts of capital being…[Read more]

As others have mentioned check initially with COuncil that the area is zoned to allow you to construct something other than single residential dwellings on it.

If yes why purchase the property when you could take out a Call Option against the property and saving the costs of acquisition and sale.

Make the Option Clause subject to the issue of a…[Read more]

Clay

Which part of Chapel Hill.
I am in Chapel Hill so should be able to point you in the right direction.

Cheers Richard
richard at castlewhite.com.au
Email me for details of our Qld wrap CD which gives you a full Installment Contract.

Dazzling

Before you go you wouldn’t like to post a copy of your loan offer from CBA (with all personal infromation blanked out of course) to show us that dealing direct with the Bank gets you a better interest rate and fee structure than dealing through a finance broker.

Cheers Richard
richard at castlewhite.com.au
Email me for details of our…[Read more]

Terry

I think we all now those lenders who will lend against valuation rather than purchase price.

It is luci uneducated comments we are referring to. The Vendor sets the purchase price with the aid of the selling agent. Certainly you have the opportunity of making an offer in excess of the purchase price with conditions that state you wish the…[Read more]

Dazzling

You wouldn’t happen to a mate of Salib’s would you.

I assure you that the rate of interest you get charged is no different going through a mortgage broker or going directto the Bank.

Unless of course you want to give us all some actual evidence to proove me wrong.

Cheers Richard
richard at castlewhite.com.au
Email me for details of…[Read more]

Kerwyn

You just dont get do you.
Non disclosure is a simple act of FRAUD.

Topic closed

Cheers Richard
richard at castlewhite.com.au
Email me for details of our Qld wrap CD which gives you a full Installment Contract.

Try HTW talk to Gav Hulcumbe he is the residential director and a good mate of mine and he will put you onto whichever one of his guys covers the City.

Tell him Richard Taylor sent you and he will charge you double what he normally charges. Only kidding.

Cheers Richard
richard at castlewhite.com.au
Email me for details of our Qld wrap CD which…[Read more]

MJ

Which side of Brissie?

Cheers Richard
richard at castlewhite.com.au
Email me for details of our Qld wrap CD which gives you a full Installment Contract.