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Thank you for your reply Simon.
What about Deposit Bonds? How do they work?
If I was to obtain security for the loan through the equity in my mother-in-laws house totalling $660000, how would this improve my chances? Any recommendations on the best approach in relation to accessing the equity in her house so that she would ultimately benefit? ie – Line of Credit, Refinance…..? I didn’t mention this fact earlier as it is definitely a delicate subject and would have to be detailed to the minute detail before any approach could even be considered.
I have thought about the option of Bird-Dogging but apparently you have to be licensed. Therefore, I am attending a Real Estate Program next week to become accredited with an Agent’s Representative License.
Some of the properties that I have found are already tenanted and returning a $30-$50 per week positive cashflow rental return.
Any help would be greatly appreciated.
Thank you
Michael