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i got this prop from a newcastle buyers agent, purchasing in america. i have sine found out about the buffalo area and the economic decline it has been in. so i am not sure, but it is a set of units, i think it was 8×2 bedroom, next to a military base. on http://www.househunters.com.au
might be interesting.hhmm……interesting.
ok, cool that helps.
good idea gross, just a couple of q’s.
that 20% vendor finance needs to some how get back to the vendor. it seems that this property (shop) is $57 per week +ve, thats great, but won’t I need to give that to the vendor? i am not sure about how vendor finance works. I have herd of it, but not sure of the in’s and out’s. so my quiestion is, how is that actually +ve when i still need to come uop with $20G for the vendor.And another q. I have herd you are supposed to balance your commercial property with residential. i actually don’t know why, is there any truth to that? and if so what do most people balance it buy, and what constitutes a good balance? why can’t i just invest in commercial property? Thanks again guys.
hhmm……interesting.
