jaster12 replied to the topic Re Draw on home loan in the forum Help Needed! 14 years ago
Richard,Would you be willing to assist us in this venture.
jaster12 replied to the topic Re Draw on home loan in the forum Great thank you for your 14 years ago
Great thank you for your advice richard.
jaster12 replied to the topic Furniture rental company in the forum Help Needed! 14 years, 4 months ago
Hi guys, are there any good furniture rentals in queensland like this, i want to lease furniture for a property i have.
jaster12 replied to the topic Private sale for home with vendor finance? in the forum Help Needed! 14 years, 4 months ago
Hi Paul,Could you let me know some good solicitors in to help set up the contract for vendor finance.
jaster12 replied to the topic Vendor Finance in the forum Help Needed! 14 years, 4 months ago
Sorry i mean the buyer may not be able to come up with ten percent. Are you able to give me a break down of what you believe will be the set up.The house will be sold at $340,000.On a 30 year contract.I was thinking of a 1.5percent increase in interest, is this the standard or is it higher or lower.
jaster12 replied to the topic Vendor Finance in the forum Help Needed! 14 years, 4 months ago
Also i believe the buyer can use the first home owners grant.What sort of deposit do you usually ask for, i was looking at 10%, though this buyer has stated they may not be able to do this.Regards
jaster12 replied to the topic Vendor Finance in the forum Help Needed! 14 years, 4 months ago
Paul,Are the costs weekly or one off payment.. Can it be done in a way that you just do the initial set up etc and thats all.RegardsJason
jaster12 replied to the topic Vendor Finance in the forum Paul,
Thanks for that,Do you 14 years, 4 months agoPaul,Thanks for that,Do you know of anyone who can help in this regards and what there fees are worth to set this up.JAson(JAster )[email protected]
jaster12 replied to the topic Vendor Finance in the forum Help Needed! 14 years, 4 months ago
Also i have been doing some research and found the following info on a lawyers website,Does this appear to be true and correct.Engaging in a credit activity is restricted to a person who does so as a business – one-off creditactivities are not subject to the National Credit Act, and so no Australian Credit Licence is neededto be held where o…[Read more]
jaster12 replied to the topic Vendor Finance in the forum Help Needed! 14 years, 4 months ago
Richard,Thanks for that. Could you let me know how you get licensed, or are there other ways to do this, Can my investing property company get the advice off someone and pay someone who is licensed to do this for me. And any websites that may help give me more information.
jaster12 replied to the topic Investment loans with RAMS – any experience? in the forum Help Needed! 14 years, 4 months ago
hi,I have just done a loan with rams and all wnet well so far, even my exit fees are not to extensive, and the interest rate is very competitive.I used them for an investment property and all seems to be going well.
jaster12 replied to the topic are rams ok for a loan fo a trust account. in the forum Finance 14 years, 7 months ago
Thanks Terry
jaster12 replied to the topic Help- rams mortgage good or bad. in the forum Help Needed! 14 years, 7 months ago
Thanks guys for your comments. I will keep looking around,
jaster12 replied to the topic are rams ok for a loan fo a trust account. in the forum Finance 14 years, 7 months ago
Im only doing it to start building upa property portfolia in our trust, and company. I earn a larg wage, and my partner doesnt, so i saw potential in structuring it this way, as we can distribute most the funds to her at a lower tax rate, and 3000 to our son. And dont pass on much to myself.The property will be positively geard sso i thought this…[Read more]
jaster12 replied to the topic Help- rams mortgage good or bad. in the forum Ok, What would the best way 14 years, 7 months ago
Ok, What would the best way to go about this be then.
jaster12 replied to the topic are rams ok for a loan fo a trust account. in the forum Finance 14 years, 7 months ago
terry, what about if it is done with a sales contract, i wont be giving it to the trust, i will be seling it to it. all im doing is lending the trust the deposit.
jaster12 replied to the topic Help- rams mortgage good or bad. in the forum thanks guys, how do you mean 14 years, 7 months ago
thanks guys, how do you mean that they are mortgage insured and may create problems, what sort of issues do you see.
jaster12 replied to the topic almost finished renovating- what to do next-sell /rent /buy house behind. in the forum Help Needed! 14 years, 10 months ago
Hi terry,Thanks, the house is my name, and all my mail goes o it, my partner has the lease to our rental in her name. So in thery i am living at the house, and have been for 6 mths.Can i put this house into a trust when i set one up. Or is that not possible.
jaster12 replied to the topic almost finished renovating- what to do next-sell /rent /buy house behind. in the forum Help Needed! 14 years, 10 months ago
i meant site at the start to. lol.