All Topics / Help Needed! / Wraps – Rent to Own

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  • Profile photo of Cherry ProCherry Pro
    Participant
    @cherry-pro
    Join Date: 2007
    Post Count: 22
    February 26, 2007 - 5:04 am

    Hi – any positive stories out there on wrapping ?

    Why would it be considered better than positive cash-flow ? Excuse
    my ignorance.

    I’ve being doing a bit of research and I’ve heard that there is lot of bad press associated with ‘typical’ wrappees.

    Thanks.

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    February 26, 2007 - 12:10 pm

    I don’t think there are many reasons to consider wrapping is better than postive cashflow property. Maybe it is for the wrappee as they get the property. but for the wrapper, they may get a bit of extra cashflow, but they lose any future capital growth – unless the wrappee defaults etc.

    Terryw
    Discover Home Loans
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    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
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    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

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