PropertyInvesting.com | SGermain | Activity https://www.propertyinvesting.com/members/sgermain/activity/ Activity feed for SGermain. Fri, 17 Apr 2026 18:27:02 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 04cee9ef11ba9c8ef2896ed51d05ed7d SGermain replied to the topic About Vendor Finance in the forum Finance https://www.propertyinvesting.com/topic/4404988-about-vendor-finance/#post-4657592 Fri, 28 Oct 2011 01:00:57 +0000 Fantastic information, thanks Paul!This seems like a decent overview of requirements:http://www.cpaaustralia.com.au/cps/rde/xchg/cpa-site/hs.xsl/knowledge-financial-policy-credit-becoming.html

]]> 8029fc75a1b52b95d4cd16178f526c2a SGermain replied to the topic About Vendor Finance in the forum Finance https://www.propertyinvesting.com/topic/4404988-about-vendor-finance/#post-4657590 Wed, 26 Oct 2011 23:02:31 +0000 At present I'm getting ACL coverage as a Credit Representative of an existing Licensee so there are a few background checks and memberships required to make sure that I comply with their requirements.In addition to this, I'm enrolling in a Cert IV & Diploma of Financial Services (Finance/Mortgage Broking) which is $995 purchased together through…[Read more]

]]> 86e2cf1f6b5cb9f7c6703e73a33495cb SGermain replied to the topic About Vendor Finance in the forum Finance https://www.propertyinvesting.com/topic/4404988-about-vendor-finance/#post-4657588 Wed, 26 Oct 2011 19:50:44 +0000 Stuart G wrote:
…… I personally own a block of land in Darwin and a house in South East Queensland. It is my intention to VF the sale of these using installment contracts. Can you please explain if I need to be licenced under the national legislation …….

From the research that I have been doing, I think the key aspect is whether you'd…[Read more]

]]> fe6df0b6f67ac6feebc862b741dc59cb SGermain replied to the topic Trust structure vs Company in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404928-trust-structure-vs-company/#post-4657147 Wed, 19 Oct 2011 10:22:53 +0000 pretty sure that Trusts are eligible for the 50% CGT discount but companies aren't ….. having a corporate trustee rather than individuals is a lot more protected too because IF the trust gets sued you can fold the company if need be and appoint a new trustee ….. individual trustees would be personally liable  (unless I've misunderstood my…[Read more]

]]> 2ebbed7cf5bada9a13e44cc95d3a276e SGermain replied to the topic About Vendor Finance in the forum Finance https://www.propertyinvesting.com/topic/4404988-about-vendor-finance/#post-4657581 Tue, 18 Oct 2011 23:17:30 +0000 Thanks Paul, and Richard …I think that it's important to take on the information of those who have been in the business for a while so I appreciate your input and I for one am certainly doing research into credit licensing and membership with VFA etc.Thanks for the links.Cheers.

]]> 95835044e19f15eae635d1a07739171a SGermain replied to the topic About Vendor Finance in the forum Finance https://www.propertyinvesting.com/topic/4404988-about-vendor-finance/#post-4657578 Tue, 18 Oct 2011 07:34:37 +0000 hi Richard,I personally do not have an ACL at this stage but is something that I'm looking into, correct me if I am wrong but for lease/options they are not required anyway as I am not actually providing a "credit" to the buyer.Also, on your point about lenders accepting applications where properties are being onsold through an instalment contract…[Read more]

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