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  • Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733
    April 29, 2006 - 5:11 am

    Just read the latest API; great story in there about a guy who hasonly been investing for about a year and done very well..

    He had a chauffer business..but sold it..even allowing for this and the fact he only works part time I can’t get my head around how he is able to finance these purchases..[blink]

    Any thoughts for our resident Mortgage Brokers?

    “Money is a currency, like electricity and it requires momentum to make it Effective”
    Count The Currency With This Online Positive Cashflow Calculator

    Profile photo of Stuart MilneStuart Milne
    Member
    @stuart-milne
    Join Date: 2006
    Post Count: 196
    April 29, 2006 - 7:29 am

    I haven’t read the article yet so I’m guessing he’s either Assett Lending, Low/No docking them and/or running off the fully verified status of his last 2 Chaffeur Business Taxation Returns.

    I’ll go and read it then come back to you with a more informed (hopefully) idea…

    Stuart Milne
    Non-Conforming Specialist
    READY Mortgages
    http://www.readymortgages.com.au
    [email protected]
    Mob: 0404 056 055

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733
    April 29, 2006 - 1:33 pm

    Thanks Stuart..

    Amazes me how some people move forward [biggrin]

    And there is obviously a lesson there..

    That i can hopefully apply..

    “Money is a currency, like electricity and it requires momentum to make it Effective”
    Count The Currency With This Online Positive Cashflow Calculator

Viewing 3 posts - 1 through 3 (of 3 total)

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