All Topics / Creative Investing / wraps Search for: Viewing 2 posts - 1 through 2 (of 2 total) giladMember@giladJoin Date: 2004Post Count: 64 January 19, 2004 - 2:45 pm May seem like a silly question, but does the client have to put down a deposit in a wrap deal? Is it for additional security?Gilad TerrywParticipant@terrywJoin Date: 2001Post Count: 16,213 January 20, 2004 - 3:05 am Yes. The wrappees usually have to put down a deposit. Some people are able to use the FHOG as their deposit-on the cheaper properties.Terryw Discover Home Loans North Sydney [email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltdhttp://structuring.com.au/Email MeLawyer, Mortgage Broker and Tax Advisor (Aust wide) http://propertytaxbook.com.au/Viewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic. If you don't have an account, you can register here.