Hello everyone,
Could somebody please tell me which creative strategy to use in real estate that applies to today's market most. I would really appreciate your input on the wraps and lease to own methods and how they work. Thanks.
Khiem
Hi Khiem
We are still using both Lease/Options (Rent To Own) and Wraps (Installment Sales Contracts) in the current market. We find that it's the particulars of each property transaction that steer us towards one of the many vendor finance strategies. Not so much, the economice situation. However starting off with just one (or two) strategies is a good way to get going.
To ensure that you know the difference between a Wrap and a Lease/Option, may I suggest you have a look at:
https://www.propertyinvesting.com/strategies/wraps and
https://www.propertyinvesting.com/strategies/lease-optionsAnother interesting resource to read concerning Vendor Finance, in real estate, in Australia is:
http://www.vendorfinancelawyer.com.au/page28.htmlGood luck.
Cheers, Paul
Paul Dobson | Vendor Finance Institute
http://www.vendorfinanceinstitute.com.au
Email Me | Phone MeAn alternative way to finance your home.
Hi Paul,
Thank you so much for your comment and the links. Do you do JV with Melbournians?
Speak to you soon,
KhiemHi Khiem
I have sent you a PM. Feel free to give us a call.
Cheers, Paul
Paul Dobson | Vendor Finance Institute
http://www.vendorfinanceinstitute.com.au
Email Me | Phone MeAn alternative way to finance your home.
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