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What Terry said :-) Cheers, Paul

Hi Rodimus 1. Rule one - unless you are talking with the commercial department of a bank (traditional lender) after building up a successful VF business, don't mention vendor finance. 2. We never let VF buyers pay these bills. We pay them but there are mechanisms to ensure the VF buyer...

Have a look at: http://www.propertyinvesting.com/strategies/wraps Cheers, Paul

Hi Rodimus The 3 years hasn't really got anything to do with it. You're selling it now and just spreading the payments out over three years. When Meriton sell one of their apartments with some vendor finance, they don't expect to share in the new owner's future capital gain. It's the same...

Sorry, I should have been a bit clearer. My reference to 7% was in answer to the original question, 'How do I set the sale price for 3 - 4 years down the track?', i.e. we mark-up our VF purchase price about 7% above market. In relation to the article on Stamp Duty, it's a Qld based article...

I agree with Sheree, i.e. never, ever let a vendor finance buyer into your property with no up front money. Also, I notice you're in Melbourne. If the property you're thinking of selling is in Victoria be aware that Stamp Duty is payable on Lease/Options in Victoria, when they are setup. With...