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Not a big fan of seminars have heard good and bad feedback about roltons seminar doesnt matter how many seminars books information you read just get out and do it an option contract can be drawn up for alot less then 5k use commonsense and make the option win win for all involved it takes alot of leg work
What areas of qld are you willing to live in it's a big place…
working on a option at the moment alot of work goes in and it has to be win win for you and the vendor
Locs are tricky thing to get at the moment most lenders want to know exactly what the equity will be used for.
and are alot stricter then a few years ago.
depnds on your personal circumstamces are you married kids etc reasons to setup a trusts some can be tricky so get some proffesional advice
Usa market not really in our comfort zone seen many deals that seem to stack up but re agents charge 10% many can be dodgy heating snow removal etc so 20% dimishes down alot so still looking around qld areas with returns 105 and over and can self manage.
Buy my ppor will rent back at 7% for 12months on buying price looking for 350k
Qlds007 wrote:Hate to say i think your Broker has now blown the deal for you as this will show on your Credit Report.Altenative is to look at a Nodoc deal where no evidence is required however interest rates will be higher and you are pboably better off staying put.
No docs still around thought they were a thing of the past?
how much are you selling it for is the info similar to the current rick otton course?
hey crest just a quick question with $229000 equity how much could you lend in theory to buy a leasehold or freehold motel?