Maybe I have missed something?
Can you not mortgage it out yourself?
Then use the money to buy +cashflow propertys to cover the repayments and expand yr portfolio.
These days it is not too hard to get a loan on a property with existing Equity.

Regards Dematio

We’ve got 70 yrs on planet earth,Lets make the most of every day!

Hello Justinsmum,
great to hear you are gathering confidence to buy yr own property.
You go for it!
There are many ways you can do it.One of those is vendor finance or”wrap around finance”.This is what those adds usually refer to.These are ok if the terms are fair for both partys and you have a good solicitor on board with yr interests at…[Read more]

Hey again JJ&JO
I would say too, once you get yr account happening in Us and one in Oz too(with the same company) apply for a US credit card .
This can help the bank or whichever lender to see you are able to pay back debt regularly.
I have just done all this (as my Us bank informed me too)as it opens up a lot more doors for loans down the…[Read more]

Invest in a large Baseball Bat would be my advice.

No only kiddin,
but this shore does get frustrating.

Hope it works out for you cute girly.

We’ve got 70 yrs on planet earth,Lets make the most of every day!

Hey Amanda,yes great post!

We are going to my bro’s fiance’s Church first thing to praise God for sending Jesus! He’s changed our lives Big Time!

Then having a huge Christmas turkey for Lunch and visiting my girly’s family on the central coast in the arvo!
Its going to be Awesome!

Thanks to Steve for setting up this Forum to give us such a…[Read more]

Hey JJ &Jo,
I have been researching the same thing.

I have spoken to Cameron Perry(do a search on this forum for more info,and here is his number 03 96621999),He seems like a really honest guy.
Regards
Dematio

We’ve got 70 yrs on planet earth,Lets make the most of every day!

Hey Kt2303,
Dont be dis heartened,good on you for going for it!
You could put an add in the paper for a money partner.
Or You could save up a bit for a deposit(you may appreciate it more then)(no disrespect meant)
If you pull back a bit there will be more deals come around.
I am learning not to be anxious for a deal now as it clouds my…[Read more]

Hello Docbue,
I am interested to ask you,
Does it concern you having so much debt on one particular property?
What if you have a couple of propertys vacant at once?
The 565K and a 480K props you are mentioning are individual houses?

Dematio

We’ve got 70 yrs on planet earth,Lets make the most of every day!

Hello Karlm,
Yes 60K is enough to get started no worries!

What would you like to do?
Positive cash flow ?
I would recomend you start small as it seems this will be your first and keep researching to make sure you have confidence in what and where you buy.
Go for it!

Dematio

We’ve got 70 yrs on planet earth,Lets make the most of every day!

Hey guys!

I was just thinking ???A few of us have given positive views about this area (Buffalo) and many others have given negatives.

I personally believe its the same as any other property investment,it depends on the strength of yr team.

How about we ask Steve Mcknight to comment.
—-i would be really interested in his views and I am sure…[Read more]

Hey Deb&brad,
These propertys are all in Buffalo from this company.
Some of their propertys are improved but not all need it(I am told by the company)
Yes you do have to be careful of the areas you buy in Buffalo and especially who.

I would give Westan a call if you are wanting help with the whole purchase from go to wo.You will pay full retail…[Read more]

Hey Vyvyen,
Sounds like you have made a wise decision to just hang back a little for a while!

Another thought I had.Have you tried praying?
God is pretty powerful you know!

Regards Dematio

We’ve got 70 yrs on planet earth,Lets make the most of every day!

Hey guys,

I thought some forumites interested in forclosure propertys might like this site to give them an idea of whats on offer in the states.

The site is http://www.hud.com
(which stands for homes under disclosure(bank and government forclosed homes)
All the best
Dematio

We’ve got 70 yrs on planet earth,Lets make the most of every day!

Hey Learn @ Share Herman,
Yes This is still possible!
I actually missed out on one for 8K about 2 months ago.
But,
for 25K you are going to need to add value yr self rather than pay tradesmen as it would blow the Equity very fast!

Regards Demarge

We’ve got 70 yrs on planet earth,Lets make the most of every day!

Hey Ricky,
Yes these guys are great! But I can’t take the credit for finding them.
But when on to a good thing you stick with it hey?!!
It is not a syndicate I am in, just an individual buying my own propertys.I have been with them for a little while but more importantly to me is how long they have been around.The main guy involved in this company…[Read more]

Hey Goodrum,

The tornado or storm or whatever it was,was aparently pretty wild!!
But thankfully it only affected about 2 ks of the south really severely with alot of roofs being torn off etc!The rest of the town was pretty much ok.

Dematio

We’ve got 70 yrs on planet earth,Lets make the most of every day!

Hey all,

Thanks so much for all yr info and thoughts!
I don’t have too much to add ,yet but am looking at doing another trip to the states, hopefully in the not too distant.

I have heard you are enjoying some great returns Lisa,Good on you for stepping out and packing up and doing it!!
Nashville sounds good.
Any positives or negatives to keep in…[Read more]

Just to clarify,Meening splitting each shop, into multiple, seperately rented individual offices.

Dematio

We’ve got 70 yrs on planet earth,Lets make the most of every day!

Hey guys!
I can see that there is alot of fear out there regarding WNY,(which is understandable)
so i thought I would share a positive story.

I have been investing in Buffalo through this amazing company !
http://www.buffaloinvestment.com
(I dont have any commercial arrangement with them either).
The most important thing for me to have (when doing…[Read more]

Has noone been to Tennesee?

Demarge

We’ve got 70 yrs on planet earth,Lets make the most of every day!