has anyone heard of positive cashflow solutions p/l? They are offering 15-30% returns on wrap
deals where you don’t have to do any work. Seems like they’ve got the deals and do all the work (which is good for those who have never done wraps before). All you do is come up with cash
and can expect 15-30% returnspekay, Sounds interesting, do you know who gets the property title (them or you as the investor).
What other info do you have on them?
Live, Learn and GrowLifexperience
You probably have to get the loans in your name, hence wearing all the risk. These returns are not very high for leverage returns.
Terryw
Discover Home Loans
Mortgage Broker
[email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
how much cash are they asking for??
Keep Happy
We know Rick & we buy houses reasonably well, and are an old referee for his wrap kit…..
My question to you, which you should ask of ANYONE is……
How is your money secured ?? Yes the returns are high, as, effectively he is using your cash for deposit funds I assume….. So, you are effectively providing an unsecured loan……. Or are they expecting you to fund the entire purchase through a loan of your own…..???
Rick is a big player, so, probably all goes well, but you SHOULD think about YOUR security ALWAYS…..
Cheers
Scott
You may know the cost of everything…. but what about the value ????
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