All Topics / Finance / How to start… Show me the $$$

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  • Profile photo of holdencommodoreholdencommodore
    Member
    @holdencommodore
    Join Date: 2003
    Post Count: 88
    December 20, 2004 - 3:52 pm

    My main concern is how to get a start on the IP scene with a casual job, whilst studying. I understand the whole thing takes time, and a lot of effort, but how is someone supposed to get a start on a relatively low casual income, with no prospect of that income increasing for at least 3 years?

    ANY suggestions would be welcome, and I would be particularly interested in creative solutions to this problem, as opposed to the innevitable ‘work more hours’ that someone is bound to reply with!

    Thanks, and Merry Xmas & Happy New Year [biggrin]

    (“,) $$$ HoLdEnCoMmOdOrE $$$ (“,)

    Profile photo of Robbie BRobbie B
    Member
    @robbie-b
    Join Date: 2004
    Post Count: 2,493
    December 20, 2004 - 4:11 pm

    WORK MORE HOURS

    Robert Bou-Hamdan
    Mortgage Adviser

    M: 0414 347 771
    E: [email protected]
    W: http://www.mortgagepackaging.com.au

    FREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm

    Comments made are of a general nature and should not be construed as individual advice.

    © 2004 Mortgage Packaging Pty Ltd

    Profile photo of Robbie BRobbie B
    Member
    @robbie-b
    Join Date: 2004
    Post Count: 2,493
    December 20, 2004 - 4:12 pm

    Just kidding…

    This would be one of those situations where a money partner would come in very handy. They are simply someone willing to back your business plan to invest in property. It might be family or friends until such time as you can approach the lenders for money yourself.

    I hope this helps.

    Robert Bou-Hamdan
    Mortgage Adviser

    M: 0414 347 771
    E: [email protected]
    W: http://www.mortgagepackaging.com.au

    FREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm

    Comments made are of a general nature and should not be construed as individual advice.

    © 2004 Mortgage Packaging Pty Ltd

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    December 21, 2004 - 1:44 am

    Save a deposit, stay in the same job, and change to fulltime just before you need finance.

    Or

    Look at buying options on property.

    or

    Sandwich lease options. etc

    Sounds easy, but it is not.

    Terryw
    Discover Home Loans
    Mortgage Broker
    Click below to email me

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of PropertyGuruPropertyGuru
    Participant
    @propertyguru
    Join Date: 2003
    Post Count: 1,502
    December 21, 2004 - 3:33 am

    Partnership is best way for you either with Family or Friends.
    Good luck!
    Another solution is to read as many books you can to get the idea on how to create an creative solution :)

    Cheers
    PropertyGuRu [sultan]
    Mortgage Consultant
    [email protected]
    MSN ID: amitash, Yahoo Id: bornguru

    NZ loan pre approval from OZ in 48 hours,Low Doc from 6.85%,Investment loan 95%+

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