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  • Profile photo of Tim HartTim Hart
    Member
    @tim-hart
    Join Date: 2007
    Post Count: 4
    August 17, 2007 - 6:21 am

    Hello Dannads

    I think its a great idea. I think a good way to do it is to vendor finance the car to them. So you give them the car, it goes in there name, and you provide the finance for it. That way there is no legal issues, such as public liability, fines etc. Then you charge the tenant $40 as a loan payment and they pay the car off with you.

    There is always a way.

    Tim Hart

    Profile photo of Tim HartTim Hart
    Member
    @tim-hart
    Join Date: 2007
    Post Count: 4
    April 26, 2007 - 12:20 am

    Hello loveinvesting

    Have you considered wrapping your properties to turn them into +ve cashflow. This will also help you achieve a great sale price aswell. If you would like to know more about exploring this option then drop me an e-mail at: tim AT russet dot com dot au.

    Tim

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