Hi bruxism

Karen, my wife and I started Wrapping properties in 2004 and we've been very happy with the results.

We don't really know of a book dedicated to Vendor Finance in real estate, of which "Wrapping" is a part.  There are two Australian based manuals on wrapping.  They are:
1.  The Wrap Kit by Steve (presently out of print) and
2.  The Wrap Pack by Rick Otton.  More info at  http://www.rickotton.com.au
These two resources are very much, step by step mauals on how to do it.  We did our first couple of wraps using one of these manuals and, later on, we got the other.
We found these manuals to be invaluable.  Not cheap but they worked for us.

Other interesting web based information can be found at:
https://www.propertyinvesting.com/strategies/wraps
https://www.propertyinvesting.com/strategies/lease-options
http://www.vendorfinancelawyer.com.au/news.php

The Vendor Finance of Australia (VFA) conducts regular meetings in both Sydney and Melbourne.  Meetings have also just started in Brisbane.  If you PM me, I can give you the email address of Julie from the VFA.  She can then give you details of when various places have their regular meetings.

Good luck.

Cheers,  Paul

Hi Shaun

A vendor finance friend of mine recommends:

Glen Duker of Settle it Legal
Level 2, Imperial Plaza
3282 Gold Coast Highway
Surfers Paradise QLD 4217

Suite 17, Highpoint Business Centre
3374 Pacific Highway
Springwood QLD 4127

Phone: 0411 075 555
[email protected]

Cheers,  Paul

Hi Tez

Another alternative may be to purchase a property with Seller Financing or on a Rent to Own basis.  You will usually pay some form of premium (either price of interest rate) to purchase a property this way but, if traditional lenders can't help, have a look in your local newspaper's real estate classifieds, for small ads that have headers like "Rent to Own" or Seller Will Finance, etc.  Good luck.

Cheers,  Paul

Hi frosty

May I suggest you have a look through
http://www.sro.vic.gov.au/sro/SROWebSite.nsf/taxes_landtax.htm

I hope that helps.

Cheers,  Paul

Hi Snowball

If you were to sell your property on the Central Coast with Vendor Finance, it is likely this property would provide you with positive cash flow while, at the same time, locking in your future capital gain.

Once this Vendor Finance transaction is set up, you will be able to show the bank manager that you have a positively geared investment property.  With a positively geared IP in hand, you can move forward and possibly utilise some to Steve's investment ideas.

Information on two Vendor Finance techniques you could use to sell this property can be found on this web site, at:
https://www.propertyinvesting.com/strategies/wraps  and
https://www.propertyinvesting.com/strategies/lease-options
Good luck.

Cheers,  Paul

Hi Scottie Girl

One way to secure a property without the need to get "traditional loan financing" is via Seller (Vendor) Financing.  You usually do pay a bit of a premium to buy your property this way but you can often secure the property for as little as AUD$10,000 deposit. 

The vendor finance loans we supply to our clients normally run for 30 years and have interest rates around those of traditional lenders.  We structure these loans to encourage our clients to refinance into "traditional" type loans after 2 to 3 years.

Good luck with your move to OZ.

Cheers,  Paul

Hi Daniko

May I suggest you read both the following links:
https://www.propertyinvesting.com/strategies/wraps
and
https://www.propertyinvesting.com/strategies/lease-options

Cheers,  Paul

Hi PosE

If your negative gearing has you in an uncomfortable position, it may be possible to on sell your property(s) utilising vendor finance.  If you have multiple negatively geared properties, it may only be necessary to on sell one of these, as the positive cash flow from the sale may support the other property.

I'm sure you'll find a number of Vendor Financiers on these forums that may be able to help you put a vendor finance sale together, eg a Wrap or a Rent To Own.  In our experience, these sales have always produced positive cash flow.  Good luck.

Cheers,  Paul

Hi Warrick

Further to Mark's comment about Vendor Finance, you may be able to Lease/Option the property from your friend (with the right to sub-lease).  Good luck.

Cheers,  Paul

Hi Erik

Steve has a product for sale called Wealth Guardian.  I've found it to be an excellent resource for all my "structuring" questions.  You can find it at:
https://www.propertyinvesting.com/resources/products/11

Cheers,  Paul