In the Hunter Region of NSW you could have a look at Raymond Terrace, Glendale and Argenton.Cheers,  Paul

Hi RobbieWe were able to use the "prior learning" path so I'm not sure what the CPP40307 will give you.  Craig will be able to give you that info.Cheers,  Paul

Hi RobbieThere is the Sydney Property Group.  You should be able to get details of up coming meetings from Jane via her posting at:https://www.propertyinvesting.com/forums/community/heads-up/4336022?highlight=sydney%2Cproperty%2CgroupCheers,  Paul

Hi RobbieYes the NSW REI and the NSW Consumer Affairs Office are excellent NSW contacts for the information you need.  Another NSW based resource for your enquiries is The Australian College of Professionals ( http://www.collegeaus.com/index.html ).Not only do they run the courses mentioned above, they are also very good at being able to assess…[Read more]

Hi IntrigueHave a look at:https://www.propertyinvesting.com/forums/property-investing/general-property/4336332?#comment-235141That should ease the confusion.  I hope  Cheers,  Paul

Hi IntrigueYou couldn't get a better description of Rent To Owns (Lease/Options) than Anthony's above.  However I think your friend may have really been asking you to look at the Vendor Finance angle, as a Rent To Own is one of the available Vendor Finance strategies.The three most popular Vendor Finance strategies are:1.  Rent To Own.  This is do…[Read more]

Hi IntrigueHere is the text from our "ACL Coverage" web page:"As one of Australia’s most experienced Vendor Finance lawyers wrote recently, 'anyone serious about vendor finance cannot be a one trick pony – that is, do lease options only.' The new National Consumer Credit Protection Act requires anybody or any company who “in the course of a bus…[Read more]

Hi CazzieI'll get to your questions first.You only need one deposit because as you say, when it comes time to transfer to a traditional loan, it is treated as a refinance.  This wan't always the case but we now have a channel into one of the Big 4 that's agreed to treat it as a refinance.  A refinance is usually treated more favourably by a l…[Read more]

Hi TrippySome vendor financed properties come with surprisingly low deposit requirements.  I currently know of one in Cowra, NSW that will accept the FHOG plus $3,000 as the full deposit.  Another in Slacks Creek, Qld will accept $7,000 as the full deposit but I have heard of others with much lower deposit requirements.A couple of good places to…[Read more]

Hi Be_RichI might be tempted to buy a property and on-sell it with vendor finance, so it generates, say, $500 per month positive cash flow.We've been operating in the Vendor Finance niche since 2003 and it's worked for us as a great portfolio building tool.  If you'd like to learn more about vendor finance in Australia, I suggest you do a search…[Read more]

All so true and borne out by an article I received from an Aggregator this evening that went:By Tim NearyMarch 22, 2011 A former St George lending officer is facing court on charges of conspiracy and mortgage fraud, reports The Daily Telegraph.Police allege that Hxxx Cxxxxxx inflated property values and faked mortgage documents for her own…[Read more]

Hi BecjohnnoThe following is a quote from our website on the subject of ACL Coverage for Vendor Financiers:"As one of Australia’s most experienced Vendor Finance lawyers wrote recently, “anyone serious about vendor finance cannot be a one trick pony – that is, do lease options only.“The new National Consumer Credit Protection Act requires anybody…[Read more]

Hi AjayA friend of mine who has two rental properties in Tamworth (Oxley Vale) recommends:Jessica B. Fahy / LicenseeTamworth Management Services8c Bourke Street TAMWORTHP: 02 6766 4477F: 02 6766 4177M: 0423 376 628Email : jessica@tamworthmanagementservices.com.auAs I say, I haven't used them but she says they've worked out well for her.Cheers, …

Hi GlennJust in case you think I'm suggesting something new and "out there", this link may help:http://www.jvpropertypartners.com.au/index.php?option=com_content&view=article&id=50&Itemid=75Cheers,  Paul

Hi GlennI guess ultimately you'll have to put it down to "the cost of your education".  Bet you do your due diligence in future and hopefully you'll do a bit of strategic reading.  If you haven't read it already, for starters, I'd recommend Rich Dad Poor Dad.But enough "tut, tut, tutting", what you need now is to try to move forward with this p…[Read more]

Hi PaulI've sent you an email.Cheers,  Paul

Hi PaulWhat's the price of the property and what State is it in?Cheers,  Paul

Hi  AndyIf Y buys the house she/he would give/sell X a Lease and an Option.  Hence the term &;quot;Lease/Option&;quot;.  The Lease is just a standard Residential Tennancy Agreement (lease).  It's purpose is to give X the right to occupy the premises.  The Option gives X the right (but not the obligation) to purchase for a fixed price, within…[Read more]

Hi GlenIn relation to your " Would  this be  a correct assumption????" I'd refer you to:You do not need ACL coverage if you only plan to use Lease/Options only.from my post above.As neither an real estate option nor a lease is regarded as a credit product, an ACL should not be needed.  However please do not rely on this as I'm not a qualified soli…[Read more]

Hi GlenIn relation to "researching options for investing", I'll assume your reference to "options" is a reference to using options for vendor finance.  If it's more along the lines of using options to control a property, while you get a DA, then the following isn't really what you need.Here's an overview of how the National Consumer Credit…[Read more]