Ryan,

I have a business that looks at lending funds to people that can service a loan for the purchase of property with interest rates that closely match what the major banks offer.

Send me an email of what you are trying to do and maybe I can be of assistance.

regards
Walter Gordon
[email protected]

Guys, the goal to wealth through property is too make money. Buying to create a negatively geared property results in you paying lots of after tax dollars back into an investment that is losing money – cashflow negative for covering rates, b/coporate fees, insurance, maintenance, and property managment fees. The only way you are going to make money thru negative gearing is by relying on capital gains that may or may not occur in the future. At some point in time you will not be able to feed the negative cashflow, which gets frustrating to buy another property – my experience.

My suggestion is you look at how a property can be cashflow positive. You wouldn't buy a business such as a newsagency or cafe if it was going to lose money, so you might want to rethink your strategy so property is generating an income that pays for all or at least most of the outgoings from the outset.

All the best.