Or what you could do is receive a gift from the vendor for deposit.
If negotiate the property down $11k on $110k listing price or 5-10% depending on location.

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Property Solutions – Real Estate,Finance,+ve cashflow,wraps,flips,building – Property Solutions

FamilyFirst

Maybe we should get together, in regards to other deals. Can’t excatly say here as it will be deemed as advertising, I suspect.

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Rules have definately been changed. Didn’t you see the big uproar on the news in Nov 03. I think about 70000 people have abused the system Australia wide, with the main concern being no min age.

People were using their children to access the grant.

The youngest was 1 month old.

The govt, changed the criteria immediately along with min time frame, most states 3 months.

The is a few different answers to your question.

Firstly, Yes, however this is generally done on large subdivisions, with many private investors. This is how a lot of developers/companies fund there operations. Hold many seminars, show the investors the figures/returns and securities.
Yes it works, and very well.

Secondly, yes, but with close friends and realatives, they had the land/funds, I had the time and know-how. Yes it worked, no problems.

However, to give you the answer you are looking for,(I think), your best shot would be either ask a developer or builder for a joint venture. Then I would try a real estate agent to see if they knew anyone. Then I would advertise for a joint venture partner or investors. Then join a developers group and meet other developers, who may be interested. Depending on size of project.

In regards to problems, you should have no problems as long as all the terms are set out clearly from the start. Its a win/win situation.

Do you have land to subdivide?
What is the size of the land?
What is your expected yield?
What is the blocks selling for?
What amount of funds are you looking for?

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