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  • Profile photo of Theo PTheo P
    Member
    @theo-p
    Join Date: 2004
    Post Count: 3
    December 8, 2005 - 4:30 pm

    Thanks for your help. I’ll let you know how this pans out.

    Enjoy the weekend!

    Theo

    Profile photo of Theo PTheo P
    Member
    @theo-p
    Join Date: 2004
    Post Count: 3
    December 7, 2005 - 3:03 pm

    Thanks for your comments guys. The first IP was also purchased under vendor terms, using the NAB, a year ago. (I’ve always used the NAB because they understood Vendor finance conditions). However, the recent change in lending policy on this type of property has given me a new challenge. At present there isn’t enough equity to cover the $92,000+ I require. I am talking to an equity partner, but I prefer to finance it my self. Any other suggestions are most welcome! Cheers, Theo!

    Theo

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