Hi Everyone,

I am new to vendor financing/wrapping and have already bought a copy of “Home Loan Analyser Deluxe”.

Can someone recommend any other software that will help to keep track of the rents, interest payments, etc of investment properties? A long time ago I was recommended something by Quicken! Also, what about some software to keep track…[Read more]

Darren,

Thanks for your reply but the other night I was at a meeting of the WRAPS Assn (?) in Burwood and they had a guest speaker, Robert James from Mortgage House (Ph: 9824 1977). He told us that under the Uniform Consumer Credit Code and Privact Act it is illegal for anyone other than the person involved to look at that guy’s credit report…[Read more]

Steve,

For a beginner, what is the best and cost-effective way of checking up on a person’s credit history and rating? I know I can pay about 1300 bucks initially to Baycorp.

I only learnt yesterday that it is illegal to receive someone else’s credit report – even if it is posted/faxed by that person!

Someone suggested that I look at this…[Read more]

Can anyone recommend some good banks/financial institutions/brokers for wraps. I have been in contact with Greg Levett of Advance in Five Dock. He gets the financing thru’ GE Mortgage (?) but I would like to have alternate back-ups as well as compare features and benefits.

GE does no doc/low doc loans but the interest rate is slightly higher…[Read more]