When i posted here a month or so ago under creative deals i was blasted for looking for JV partners, i was open and honest enough to discuss fee's and terms etc and some details of what our business did and i came away feeling quite "bullied"….i am a robust personality however and recognise that the people who jump heavily on others are often…[Read more]
Hi guysPaul sums this all up very well, you have to have the right legal frame work in place. To protect you, the owner and the person you are on selling/leasing to. It is very similar to a wrap or more recently a sandwich lease. The benefit to the original owner ( who maintains a caveat over the property so they dont misss out at all, is if all…[Read more]
razzhm replied to the topic Solicitors with knowledge of rent/buy options, sandwich leases etc in the forum Creative Investing 8 years, 5 months ago
Hi guysIf you join the vendor finance association there is heaps f infrmation on this stuff as there are multiple ways of structuring the transactions to benefite vendors and purchasers. They can also recommend solicitors who are familiar and comfortable with the lease/option paperwork. It does work exceptionally well if structred correctly. Good luck!