All Topics / Heads Up! / Unlimited Finance… The Answer

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  • Profile photo of Stuart WemyssStuart Wemyss
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    @stuart-wemyss
    Join Date: 2003
    Post Count: 598

    Back in June I said that I would write an article on unlimited finance (see https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=1822).

    Well here it is…

    http://www.prosolution.com.au/free_articles/free_articles.php (see the first article in the left hand text box)

    Hope you find it helpful.

    By the way, thanks to terryw for having a read of it before it went to API. [:)]

    Cheers

    Stu

    Profile photo of Steve McKnightSteve McKnight
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    @stevemcknight
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    Hi Stuart,

    In the article you mention property ‘gurus’.

    So, which gurus are you referring to and did you contact him/her/them when researching your article?

    Bye,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Stuart WemyssStuart Wemyss
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    Hi Steve

    I refer to “gurus” generally with no particular person/s in mind. (really just a name for lack of a better word)

    I have personally attended a number of seminars where presenters have talked about unlimited finance. I also discussed the concepts with investors and educated mortgage brokers.

    Why do you ask Steve? Do you feel that there is something that I’ve missed?

    Cheers

    Stu

    Profile photo of Richard TaylorRichard Taylor
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    @qlds007
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    Stu

    Just wanted to say what a good job i think you did on your API article. Only just read it but fully agree with your comments.

    Having 126 wraps under our belt we admit we have run out of deposits and now need to wait for the $7K FHOG to arrive each month to increase out portfolio.

    Don’t think the gurus mentioned that.

    Cheers Richard
    [email protected]
    http://www.fhog.com.au

    There is no such thing as a problem.
    Just a solution waiting to be found

    Richard Taylor | Australia's leading private lender

    Profile photo of Stuart WemyssStuart Wemyss
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    @stuart-wemyss
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    Post Count: 598

    Thanks Richard – I’m pleased you found it useful.

    Cheers

    Stu

    Profile photo of p0sitiveCasHfl0wp0sitiveCasHfl0w
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    @p0sitivecashfl0w
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    Great article Stuart. Being a newbie it has really opened my eyes to one of the many pitfalls of financing your investments. I have now even created a spreadsheet based on your article, which checks how a property will impact on a person’s net income position and therefore their borrowing capacity. Keep up the good work…

    Cheers,

    Jay

    **********************************
    You must stay pOsitive
    …then the cAsHfl0w will come!
    **********************************

    Profile photo of Still in SchoolStill in School
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    sorry guys about my ignorance, but what does FHOG stand for?

    Profile photo of p0sitiveCasHfl0wp0sitiveCasHfl0w
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    FHOG = First Home Owners Grant.. a $7,000 government grant to help first home buyers pay for the cost of owning their first home

    Cheers,

    Jay

    **********************************
    You must stay pOsitive
    …then the cAsHfl0w will come!
    **********************************

    Profile photo of kay henrykay henry
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    Post Count: 2,737

    Stuart,

    I too enjoyed your article, although my finance is very limited, sadly :o)

    Re gurus… I never see anyone as a guru. I think we’re all just people- all equal. I think a guru is considered to be one who has “followers” who blindly just take on ideas of another without scrutinising those ideas or their own values for themselves.

    I have no doubt that even the “gurus” want to be seen as equal- with flaws the same as the rest of us. I don’t think it’s the gurus who are the problem. I think it’s the ones who see them as a guru who need to think a bit more independently.

    kay henry

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