Forums / Property Investing / Creative Investing / wraps Viewing 2 posts - 1 through 2 (of 2 total) giladMember @gilad Join Date: 2004 Post 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 @terryw Join Date: 2001 Post Count: 16,173 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 / Loan Structuring Pty Ltdhttp://propertytaxbook.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.