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  • Profile photo of troy1888troy1888
    Member
    @troy1888
    Join Date: 2005
    Post Count: 4
    April 6, 2011 - 2:15 pm

    Hi Alf1,

    Thanks for taking the time to reply

    The 5k wouldn't be the deposit it and yes i think the cheque is made out to the vendor directly.
    So i guess its just the cherry on top to make your offer harder to turn down.

    As i said i read about the trick a couple years ago and was hoping someone on here had used the tactic and could spell it out for me as i share your concern especially for someone with little experience like myself.

    Troy

    Profile photo of troy1888troy1888
    Member
    @troy1888
    Join Date: 2005
    Post Count: 4
    September 4, 2006 - 12:32 pm

    Hi Persuasionx,

    A question i would ask myself is do i need to sell to invest in commercial r/e or managed funds ect. Everyone’s situation is different but is using your equity an option? that way you can still benefit from any future capital gain, and if they are cf+ i would be reluctant to sell them for property that is negative cf.

    All the best.

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