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  • Profile photo of EllaBEllaB
    Member
    @ellab
    Join Date: 2004
    Post Count: 5

    West Ryde area Sydney – Formally Auckland (New Market)

    Challange the Norm

    Profile photo of EllaBEllaB
    Member
    @ellab
    Join Date: 2004
    Post Count: 5

    It can be difficult sometimes when a partner has issues. My husbands family lost the lot when he was a teenager and were removed from the family home.

    It took me almost two years to get him to buy a place so we could move out of the parents !

    I agree – the main factor is fear.

    Not only of the debt but also not understanding. Hubby isn’t a numbers man and all he sees is a huge amount of never ending debt.

    I have found that the best way around it is to introduce new ideas and projcts slowly. One step at a time…..and yes rewards work. you would be amazed what a man would do for a ski trip ! [biggrin]

    Louise

    Challange the Norm

    Profile photo of EllaBEllaB
    Member
    @ellab
    Join Date: 2004
    Post Count: 5

    Fantastic !!! – Whats the catch ?? As steve would say…

    If it sound to good to be true …..

    [nowords]

    Challange the Norm

    Profile photo of EllaBEllaB
    Member
    @ellab
    Join Date: 2004
    Post Count: 5

    hi Junkers,
    How did you go with the banks/lenders and your mum’s place. i want to do the same with my folks. Mum is really into the idea, but dad’s a bit funny about it (too far from the “normal” way of doing things). He keeps going on about how investment property interest is tax deductable – but if he vendor finance someone it wont be.

    What was your mum’s experience like?

    Also a question to Felicity – I would like to get into doning vendor finance myself. I know people in SA got done for not being registered, if you are in NSW – do you know how you take the first steps to get set up???

    Thanks heaps[biggrin]

    Challange the Norm

Viewing 4 posts - 1 through 4 (of 4 total)