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  • Profile photo of DNTSproDNTSpro
    Member
    @dntspro
    Join Date: 2003
    Post Count: 5
    July 30, 2003 - 12:19 pm

    Ryan,

    If it is possible, could you please tell which branches of these bank offer with regards to borrowing to buy units in a Hybrid trust?
    I have some brokers answer no help for this type of structure.
    Would you mind advice the deal/package and rate have you got?

    Thanks.[:)]
    dntstran
    [/quote]

    , we have had success with CBA,Westpac and Bankwest ( St george will not borrow under this structure). Typically the lender will place a mortgage over the property and require the trustee of the Hybrid trust to commit to a commercial guarantee.Extra paper work is involved, however providing the trustee or directors of the corporate trustee and unit holders of the Hybrid trust (borrowers) are one and the same, finance is generally accessible.
    Kind Regards
    Ryan
    [/quote]

    Profile photo of DNTSproDNTSpro
    Member
    @dntspro
    Join Date: 2003
    Post Count: 5
    July 8, 2003 - 10:08 pm

    Hi Nghia76,

    For me..I will look into a descretionary trust and buy new property under it then rent to yourself…so your 20% deposite from your equity can be tax deductable!
    This is my idea only….please correct if i am wrong!

    DNTS

    Profile photo of DNTSproDNTSpro
    Member
    @dntspro
    Join Date: 2003
    Post Count: 5
    June 25, 2003 - 9:05 pm

    Hi Gavalynn,

    If you are looking for positive gear IP…Queensland is good place.
    If you want help…go to the info meeting about IP tonight…in Benleigh. It is good for no experience investor.

    DNTS
    M0425703767

    quote:

    How do I know what property to buy, what to look for, WHERE to buy and how much to pay?

    Help!!!!![?]

    Profile photo of DNTSproDNTSpro
    Member
    @dntspro
    Join Date: 2003
    Post Count: 5
    June 21, 2003 - 8:36 am

    Hi 2Day,
    I ‘ve done this seminar….Good…but I am a little bit disappointed about cost for the consultant stuff?
    Have you done it?

    DNT

    quote:

    Good Afternoon All

    Has anyone done a Ed Burton seminar recently?
    He seems to have the same ideas regarding positive cash flow.Any comments would be appreciated.

    Profile photo of DNTSproDNTSpro
    Member
    @dntspro
    Join Date: 2003
    Post Count: 5
    June 17, 2003 - 9:45 pm

    Thank Richmond & Hilary….

    Hi Hilary.

    I’m interested in buying rental property in Gladstone. I do not know anything about the area.
    What do u think if I hire a buyer’s agent? Do u know any working in this area?

    What do you mean by:
    You need to be careful about rental return thru lease back companies – they sound good, but you can do better.Could you please explain?
    Please tell what they are meant as below:
    Rent: 2+1 lease
    per week Rent Return:
    Year 1 $315.006.97%
    Year 2 $325.007.19%
    Year 3 $330.007.30%

    Thanks.

Viewing 5 posts - 1 through 5 (of 5 total)