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  • Profile photo of rulershiprulership
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    @rulership
    Join Date: 2012
    Post Count: 12

    thanks Jamie

    As I want the property to sell quickly (at the moment not the case) and for me to get my price I thought it would make it easier for the buyer to only have to get a 80% loan

    and therefore pay the price I want.  Would that work?

    Regards

    Jay

    Profile photo of rulershiprulership
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    @rulership
    Join Date: 2012
    Post Count: 12

    Thanks Terry

    Do you think if the buyer had 5% savings and I gave them the other 15% that they might be able to get a loan?

    regards

    Jay

    Profile photo of rulershiprulership
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    @rulership
    Join Date: 2012
    Post Count: 12

    Thanks Terry

    Does that mean the difference between the Interest I receive and I pay is the profits and is taxable?

    Profile photo of rulershiprulership
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    @rulership
    Join Date: 2012
    Post Count: 12

    I suppose not but would prefer someone in Qld.

    Thanks

    Profile photo of rulershiprulership
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    @rulership
    Join Date: 2012
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    That is great Maree. Best of luck.

    Jay

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