Hi Troy,
The above comments are correct they will buy your house at the lowest possible price then on sell it to someone else and I higher price.
There is nothing they do that you can not do yourself.
Why do you need to sell?
feel free to drop me a message if you want more info
Dazz

Sounds very complicated and you will have a lot of explaining to Centrelink.
Why doesn’t you dad just sell you the house under vendor terms?
You can pay off the house and later you will have the deposit and equity in the house to apply for a loan.

Dazz

I agree with Terry,
Buy yourself the house out right then you are in a great position to use your equity for an investment,
A line of credit would work well here but needs a good accountant.

Dazz

Hi Sharon,
Where is the property located? has she had any growth in the property and what is her strategy for the investment? ie does she want sell or hold?
There are a number of other options depending on what your mum wants to get out of the property.

Dazz

Nick, What are area do you want to buy in? Are you interested in a rent to buy property? Do you have a deposit saved up? and what is your borrowing capacity? Dazz

Just thought I’d throw in my two cents, I have been to a few CCorp Bootcamps and find them excellent, Carlys development bootcamp was three days and went from 9am to 9pm. Although a lot was covered, the experience and chance to meet and network with other people interested in development and property investing was priceless. The price may seem…[Read more]

Hi Shaun,
I would like to suggest reading a few books from Aussie authors, There are a large amount our there however the latest I have read is Think and grow rich in property, if anything this will give you a few ideas. Personally I tend to now look at different options rather than purchase and try to pay it off, however you need to consider your…[Read more]

Thanks Andrew I will give them a call and post how it goes, would like to hear how you go to if you get there before me

Hi Jiia, First of all I assume that you understand how Loan to Value Ratio works (LVR) bank at the moment are very cautios of low LVRs. However there are a number of tricks you can use to increse the value of your property:1.  make sure you attend the valuation with the vauler,2. do you research in your area of you IP so you know yourself how…[Read more]

Hi Dave,I wouldn't look at a development if it was 10-15%, a minor set back will soon eat up your profit. Do you have a feasability calculator? This is a great tool to help you decide if you want to proceed. How do you intend to fund the development, can you gaurentee the presales? It sounds like you are building just one house, what size is the…[Read more]

Jacqui, I have invested in property with both garaunteed rent and  with out. I found it quite good as a starting point to get into property investing. The biggest thing is wheather they are a reputable company or not, this is where you need to do a lot of research, do you know anyone else who has invested with them and what has thier experiance b…[Read more]