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I was just wondering, we have a property which has increased substantially over the last 2 years, therefore our loan is much less than the value of the property. Would it be valid to offer a wrap to the current tenant at an interest rate of less than the banks are offering to help her get into a property?
Hi Ruebarb
Would you mind telling us if you are looking at this idea as a commercial transaction or is your motivation here, to help out a friend or relative? Thanks.
Cheers, Paul
Paul Dobson | Vendor Finance Institute
http://www.vendorfinanceinstitute.com.au
Email Me | Phone MeAn alternative way to finance your home.
Viewing 2 posts - 1 through 2 (of 2 total)
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