All Topics / Help Needed! / SITI residential

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  • Profile photo of redleavesredleaves
    Member
    @redleaves
    Join Date: 2006
    Post Count: 54

    I hear advertisements on my local radio frequently for SITI residential saying if you have equity in your own home and $20 per week, they can help you with an IP.

    Has anyone dealt with SITI? Do they add a premium to their properties?

    I’m a bit cautious as I think better deals can be found by doing my own research, but am curious as to others experiences.
    Thanks

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    that is nothing special. You could find your own property and possibly save thousands.

    Terryw
    Discover Home Loans
    [email protected]
    Send an email to get my newsletter.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of L.A AussieL.A Aussie
    Member
    @l.a-aussie
    Join Date: 2006
    Post Count: 1,488

    No doubt just another developer masquerading as a wealth creating company.
    They will sell you an overpriced property that they own.
    This type of product is for the people who want to invest but don’t want to do the work behind making a good investment decision. They pay a premium for their laziness and/or their lack of knowledge unfortunately.
    If you have the time or the get up and go, do your own research and buy your own investment.

    Cheers,
    Marc.
    [email protected]

    Profile photo of redleavesredleaves
    Member
    @redleaves
    Join Date: 2006
    Post Count: 54

    I definitely have the ‘get up and go’ and see opportunities everywhere – I’m impatient to get started.

    Thanks for your input – I thought that would be the case with SITI – was just curious.

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    As has been said another marketing company.

    Very big on Brisbane radio telling you how they have helped dozens of average Aussies get into a IP.

    As Terry mentioned do it yourself and save thousands.

    Cheers

    Richard Taylor
    Residential & Commercial Finance Broker.
    Licensed Financial Planner. Ph: 07 3720 1888
    [email protected]
    Looking for life cover – We Guarantee to beat any quote you have in writing.

    Richard Taylor | Australia's leading private lender

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