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

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 great!

Thanks – Sorry if this is completley wrong!

Danish