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  • Profile photo of NEWBIE 99NEWBIE 99
    Participant
    @walshy99
    Join Date: 2016
    Post Count: 4

    Thanks Corey, advice greatly appreciated. Just dipping my toes at present but will be back in touch

    Profile photo of NEWBIE 99NEWBIE 99
    Participant
    @walshy99
    Join Date: 2016
    Post Count: 4

    Thats interesting and good to know, would these be at very high rates though?

    Im kind of hoping to find deals with tennants already in situ with good lease, and that the banks will look at that with regards to servicing the loan

    Profile photo of NEWBIE 99NEWBIE 99
    Participant
    @walshy99
    Join Date: 2016
    Post Count: 4

    Hi Corey

    I have equity of around 700k in my house (paid off) and 200k in savings. However I am not earning at the moment as recently started a new 100% commsion role.

    Am I likely to be able to get finance for a commercial property?

    Profile photo of NEWBIE 99NEWBIE 99
    Participant
    @walshy99
    Join Date: 2016
    Post Count: 4

    I actually came on here to enquire about James Dawson and found this thread. I had a call yesterday from someone representing him, this was arranged after watching his webinar last week, I was told they would be assesing my suitability for the course.

    I found myself offering up my financial position in the end to find out her reaction as she didnt really seem too interested in my situation, more in encouraging me to have the balls to use up my equity in my home and go for it (while paying them $4k)

    The lady was nice and James ‘seems’ legit, but I couldnt really get much information out of her and am still slightly sceptical although still interested.

    I am very keen to look in to commercial but am guessing all the info I need is on this website?

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