All Topics / The Treasure Chest / where to get hone loan ? special circumstances

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  • Profile photo of ChinchoChincho
    Participant
    @chincho
    Join Date: 2003
    Post Count: 4

    hello,
    I hope someone can give me some tips.
    I’m in somewhat different circumstances from the most people in forums I’ve visited because:
    came from overseas 4 years ago
    don’t have own home, job gives me free house
    have a good salary but almost no savings because
    until very recently have invested in art.
    NOW I want to invest in property after learning how differently ATO sees investment properties, compared to where I come from.
    I’m able to get around $250K loan but 2 brokers I talked to told me without deposit or equity probably I won’t find anyone who give me home loan, but I don’t believe it. there must be a way. I think the start is the most dificult but as soon as I get a loan and by a positive cash flow I’d be alright. Where to get the money from, though ?
    Thanks for your help and insight.

    Profile photo of dontwantitdontwantit
    Member
    @dontwantit
    Join Date: 2003
    Post Count: 3

    hi

    what is your art collection valued at?

    I know someone who would possibly discuss a loan for your deposit on property if secured by the art collection.

    if interested email

    [email protected]

    cheers

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