I want to be a money partner for Wrapper

Hi Everybody,

After much research into the property market over the past 18 months I have decided that wrapping is the way for me to achieve financial freedom.

Unfortunately I believe that I am a bit strapped for time at the moment and being a computer programmer (contractor) want to invest in as many properties as possible while the banks look favourably upon my balance sheet ie. I am still earning a good income.

I am looking for an experienced wrapper (completed over 10 wrap transactions) who is willing to take on a money partner ie. me, in exchange for splitting the profits and expenses (if any should arise) 50/50. You would do all the work including finding the property, negotiating to buy the property at a discount, advertising for wrap purchasers, organising legal work etc and I will provide all of the loan cash.

My financial situation:

* Current assets – approx. $760,000
* Current Liabilities – approx $180,000
* Net Assets – $580,000
* Borrowing capacity on current assets = 0.8 * $580,000 = $464,000

Please email me at [email protected] if you are interested in taking on a money partner. I will need to know:

1. What area you wrap in.
2. Details of your wrap transactions to date.
3. Your average monthly income per wrap transaction
4. Whether you are primarily interested in long-term or short-term deals.

Cheers

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith