Play nice people

I don’t know about other forum members but when I think about an investor waiting for the property prices to drop to snap up a “good deal” I see a very old man with a stick.

Thank you Darryl,
I agree with what you wrote, however I’m still trying to understand why the existing equity in the trust is not enough security to purchase a new property in the same trust. As you are using a new trust for every property you must be afraid that a liability of one property in a trust can be shared over other properties in the…[Read more]

$175 for independent legal advice to explain the stuff (mandatory by bank) plus the 110 for a guarantee and 330 professional legal fees
so up to 615 per purchase.