Originally posted by wanelad:
Do you intend to buy the land with two titles or a block that can be converted to two titles?

Convert it later on !

Wayne
Mortgage Adviser
Email info@alphamortgagesolutions.com.au
http://www.alphamortgagesolutions.com.au
Refinace, Loan Consolidation, Owner Occupied or Investment Finance. Free Service we come to you!

Originally posted by v8ghia:
Hi. Sorry that this has not worked out for you. I am wondering if you could reach an agreement with a purchaser to ‘assign’ it to them as the last reply suggested (the seller would need to be happy with the contract being altered to show your name and ‘Or nominee’ most likely) AND as there is an apparent equity gain…[Read more]

Originally posted by graham04:
assign your contract for 3k to some one who wants the property

Thanks Graham , that’s the sort of thing I was thinking I could do only l thought l would have to pick it up so to speak first – and then sell it to the new buyer.
But you’ve hit the nail on the head – can I legally get my contract names changed…[Read more]

Originally posted by dare_to_dream:
Hi mkc,

The property sounds very intriguing. Can you provide a bit more
detail about the property?

Like how old are each of the houses? What suburb/town is it located? These are all things we’d need to know before investing $240 in a property…

It just seems a bit vague and dodgy to me…

Thanks dare to…[Read more]

Hi Don
Glad l’m not the only one with that problem .
I’ve exhuasted all financing avenues with mine too so the only thing I can think of is what I’ve tried to discribe in my other post . CFP
Maybe you can resell it in some way or something as I’m thinking about with mine.

Good luck
Mkc

Ok Tony I will send you the details .
I’m really don’t know what else I can do with it as i would just lose it anyway .
Anyone got any other ideas ?

Cheers
Mkc

Originally posted by glengyron:
What you’re talking about doing is a wrap: having a sale ready before settlement date.

The cash flow is certainly indicated… but it’s just so strong that I don’t understand why you would sell this place. Income of $630 on an investment of around $300k ?

The deal sounds pretty complex, and given the tiny amount…[Read more]

Thanks for those .
Yeah l agree Terry . l’m going to politely give it a shot . My solicitor said today [ old solicitor ] pretty much what you’ve said and by all means ask as we have made big improvements . But he doubts they will as they’ll say it’s costed them and now more to resell .
Thanks V8 , no afraid that parts over. l tried all sorts of…[Read more]

Yeah it was scary , all the what if’s worried me sick the whole way through not being that well off. The ironic thing was that l had this last 6 mths completely free , yet when the place was due to come through , all sorts of crap was on so it seemed crazy not to.
Then the place would be ready to let out and l could do the rest when l had the…[Read more]

Thanks very much for those guys you’ve made my mind up , l’m on the phone today .
The problem with this deal is l haven’t done many but if l can get my hands on this one it’ll set me up, l want it too bad – hate that ! Life always seems to go better for me when l’m not fussed .

You’ll hear the partying from here if it’s good news but l’ll be…[Read more]

Thanks Mum.
Yeah he had all the dates and knew the score . Said he can do it ok but being a way out of the norm setup , our best shot was getting everything spot on first then quietly put it in.
Reckoned it would still make the dates ok but had a better shot if we didn’t make a scene .

Mkc

Thanks very much for the info guys , something l’ve wondered about for awhile now .
Must say l’m glad there’s a few catches and consequences , otherwise paying what we do here – would really hurt !

All the best
Mkc

Thanks for the imput guys.
l guess it comes down to there’s 101 ways to skin a cat and if she was legit we don’t have enough to go on anyway .
Sounds like allot here are doing similar things though and very nicely to so we have nutted it out in a sense after all really .

Think we’ve done alright considering .
Cheers .
Mkc

Thanks very much for that input guys .
l was just about to agree with audrey , because this girl does have the old gift of the gab but then , l get to Redwings and then Tony’s .
She did babble about a very good accountant , extra good – and the very nice cheque every three mths !
C G , l dunno . this place is in Melbourne , last l heard…[Read more]