Search results

This you know for a fact . . . right?? :p Regards, Steve

Hi Kev, Yes . . . but you would need to be reasonably sure that the high yield + the low growth + LEVERAGE was sufficient to make up for the extra cost of the structure. Regards, Steve

Hi Ben, I WASN'T having a go at you . . . ;) Nor being defensive . . . the strategy is what it is. Mainly though a lot of people were questioning the strategy using examples that were unrealistic / inappropriate. Also, many whom have not attended a course were taking aspects of the...

Hi XBenX, Growth less than the gap???? (2.5%) Well, I would have to say that the property was (to be polite) well below average! If the expectation of return (capital growth) on the property is less than 2.5% then rather put your dollars elswhere . . . :p To directly answer your...

Hi BBG2003, I agree . . . VERY impressive. It is not HOW BBG got the loans, the point is that he DID get the loans. The most important point of all remains that as long as one is able to get loans . . . then income structure (and the costs associated with the structure) is not necessary...

Hello BBB 2003 Here is an open invitation for you to come and tell this to the many of us who have made in excess of $1,000,000 of net equity, (Within a reasonably short time frame I might add) using the structure. It is very easy to 'knock' a methodology . . . especially when you do this...

The annuity rates quoted by various insurers changes on a weekly basis . . . The rate currently hovers around 4% depending on the term. As a rough guesstimate I use a 2.5% difference so: $2,500 per $100,000 X number of years. Now before Bill.L jumps all over me . . . :p Yes this is an...

Hi Terry and Alan, The answer to both your set of questions is: TerryW ANSWER: Yes we seem able to do this for our clients . . . Alan ANSWER: What you propose sounds logical and fine by me . . . yet nobody seems able to get a bank to agree to it, so . . . Regards, Steve

Hi Ben, Yeah I'm confused . . . what exactly is the question :confused: Regards, Steve

Hi Dave, What came first the chicken or the egg?? Logically . . . The egg (Chickens don't lay eggs - only hens do, therefore if the choice is chicken OR egg . . . has to be the egg) C U at the Perth Course :D Regards, Steve

Re: Segue Grief . . . and I always thought it was in ref to the traffic. (Some new kind of blockage on the freeWAY! :D Steve

Hi Homer, Segue: smooth transition: the act of making a smooth transition from one state or situation to another Had to look this one up!! (Great word) The reference to other assets (besides property) was inadvertant: I do NOT use leverage to buy shares! However, the cashbond...

Hi Kev, I think we are referring to different things / maybe I have misinterpreted something too :confused: As I understand the question: A stand-alone is not referring to just a single property, rather is in reference to the simple mathematics of the small extra cost of using the...

Hi Bill.L, Good questions . . . I will have a go at answering them: :) Answer: DO NOT use the Cashbond as a stand-alone strategy . . . it is only meant to be used as part of an overall structure! Answer: On average . . . YES I agree with you completely. Answer: YES . . . so long...

Hi Ajax, YES . . . the validity of any advice rests upon telling the truth. Surprised, Steve PS: I do not wish to get into any more 'sparring' sessions . . . I believe there is enough content in this post to give a good introductory insight into the use of the cashbond as part of...

Hi Ajax, Yes you are correct! That is IF you can get the low doc / no doc . What happens if you DO NOT have the required income to get the loan?? (As TerryW suggested) Are you advising that income should be overstated on the application?? Regards, Steve

Hi Bill.L, Can we stop sparring . . . please? Yes, I did get revved . . . I do try very hard to offer a balanced view of the various aspects of the structure I employ, on the forum for the benefit of all the members. I have stated many times that the cashbond is a complex structure and...

Hi Brains, My clients are instructed NOT to say too much about the bonds!! Why?? Mainly we keep the exact structure 'close to our chests' so as to protect the integrity of the structure. (Has been abused in the past.) However . . . do come to our next client get together / cocktail...

Hi Bill.L, Thank you . . . and yes I do agree that structure does need to conform to circumstances that present themselves at all times: Taking a positive look at the early 1980's . . . perhaps the following structure would have sufficed: $65 pw X 52 X 80% = $2704 / 15% buffer...

Re: They get it or they don't Amen . . . Says Steve :rolleyes: