Hi Fredo,Absolutely. It's a great way of selling it. You have ongoing cashflow from it as well as locked in profit. And you can sell it for more than market value because you are providing the finance.Feel free to give me a ring on 02 9560 8136. Cheers,Tamar

Hi ottg,We had a similar path to Paul and Karen in that we had our own equity to start with so we build up a track record first.And we do the same as them too i.e. have our Joint Venture partners buy the properties which we then sell to our buyers on vendor finance.It was slow starting – probably took 9 months before we bought our first property…[Read more]

Hi jhk31,My partner Jack and myself have a similar story to Paul and Karen. We too started our vendor finance property business in 2003 – the worse possible time when the market was at its peak! However, we hung in there and we have been both full-time for some years now providing vendor financed houses to many happy homebuyers.These people don't…[Read more]

Hi,I will post here when we have arranged it. They are usually 3-4 months apart so the next one will be due inAugust or thereabouts.Cheers,Tamar

Hi there,Paul is totally on the money when he says that no-one in the Vendor Finance Association would agree with the views in that article by Neil Jenman that Rhys has posted and, Maree, I would be very reluctant to get involved with a possible rent-to-buy scenario with some-one posting an article expressing those views even if he said he doesn't…[Read more]

Hi Karen,Unfortunately the old website -financewraps.asn.au is gone and a new one is in the process of being built.There are meetings in Melbourne and the person to contact about them is Julie Siacci. Her email address is: [email protected] Her ph. no. is 03 5941 6946I will post here when the new site is up and also when we schedule another…[Read more]

A good start might be to go to a broker and see how much a bank will pre-approve you for a loan!I can help you with a good broker if that's an issue for you.I'm in Sydney myself. Ph: 02 9560 8136.We have a broker we use for our investors that we do Joint Ventures with in our positive cashflow deals so we can recommend him.Cheers,Tamar

Hi Gaza,If you want to get positive cashflow from real estate you could do a joint venture with myself and my partner Jack.We do wrap deals. We find buyers who have enough income to pay for a mortgage but have a problem getting a bank loan because for example they forgot to pay a phone bill and got a black mark on their credit report etc. Our…[Read more]

Hi Gav,That's a nice amount of equity to have access to. If you're interested in creating net positive cash flow for yourselves you could use that to do Joint Ventures with experienced Real Estate Deal-Makers such as my partner and I. We are very experienced at producing this using Wraps as our strategy,having done over 20 of these kind of…[Read more]

Hi there,My partner Jack Dempsey and I are Wrappers. We have done 22 properties with JV Partners.We currently have 2 more on the go and are looking for new partners !My email at MSN is [email protected],Tamar