renov8r replied to the topic Ways to structure business of buying, renovating and selling properties in Trust in the forum Legal & Accounting 10 years, 3 months ago
Hey Aleks,
I am in the process of doing something similar.
I would suggest if you are serious about getting into property investing deside on what exactly you want to do. Then write out your own business plan. From the ideas you have and add on to it each week to improve your knowledge an to keep you motivated. This will put your goals on paper…[Read more]renov8r replied to the topic Financing for flipping houses in the forum Finance 10 years, 4 months ago
This is the info I’m after! Thanks Mick C :)
The job I’m in atm is keeping me from putting 1000% into my future career (flipping houses). I am all about due diligence, I have read a lot of books and gone to a few seminars.. I was thinking of doing the “renovating for profit workshop”. I have set up a company an discretionary trust for flipping…[Read more]renov8r replied to the topic Financing for flipping houses in the forum Finance 10 years, 4 months ago
Thanks for you imput Terry,
Also I am a qualified carpenter. Is there a way were you could prove that your earning your income from the job that way ? By sub-contracting to my investing company?renov8r replied to the topic Financing for flipping houses in the forum Finance 10 years, 4 months ago
There has to be a loopol in the system somewhere.. This Can’t be impossible ! Surely someone has done it before.??
renov8r replied to the topic Financing for flipping houses in the forum Finance 10 years, 4 months ago
Thanks for your response guys helps out ! Keep it coming :) also would a garentor help with the situation ?
renov8r changed their profile picture 10 years, 4 months ago
renov8r started the topic Financing for flipping houses in the forum Finance 10 years, 4 months ago
Hey everyone !
First time writing on the forum so take it easy on me.I am looking at flipping houses under my company/trust an I will be doing this as my full time job. What is the best way to get financing from a bank or private lender, while there is no income coming in? I will have 100k in equity and no debt with a very good credit rating.…[Read more]
renov8r became a registered member 10 years, 7 months ago