danish83 replied to the topic Starting Wrap Business in the forum Creative Investing 17 years, 2 months ago
Quick question – I have someone interested in vendor finance. We have found a number of houses that would be ideal and that are currently for sale. Since I currently do not own the home and would be purchasing for the other person do I need to pay stamp duty? Is there a way out of it?Thanks
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danish83 replied to the topic Starting Wrap Business in the forum Creative Investing 17 years, 2 months ago
NSW – But would like to get going in all of them!
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danish83 replied to the topic How can I improve my property investing? in the forum Help Needed! 17 years, 8 months ago
Ok – So the bank value’s one of my properties at $650,000 and I have a mortgage for $450,000. Can’t I re-finance the investment property for $550,000? This would give me an extra $100K.
Most of my proerties I own approx. 30%. Can’t I re-finance them all so I only own 20% and use the extra 10% cash for whatever I wan’t? Deposit on PPOR would be…[Read more]
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