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  1. paulzag

    To Wrap or Not to Wrap....

    Reply: 2.1.2.1.1.1.1.2.1.1 From: Paul Zagoridis What is the markup on the broker's cost-of-goods-sold? A broker's margins are astronomical -- almost all profit. They need to cover their overhead. But the question becomes 3% of what? Yes a broker who makes 3% of the loan value would be...
  2. paulzag

    To Wrap or Not to Wrap....

    Reply: 2.1.2.1.1.1.1.2 From: Paul Zagoridis Hey Always Learning! I hope I've miss read your attitude, but after the "too-good-to-be-true" bit I doubt it. Your widget example is exactly what the distribution game is all about. And I'm talking from first hand experience here... "Real world"...
  3. paulzag

    To Wrap or Not to Wrap....

    Reply: 2.1.1.1 From: Paul Zagoridis oops! ;-) Why doesn't the spell checker fix to what I mean not what I type. I meant "pray" as in "to the powers that be" Paul Zag Dreamspinner The Oz Film Biz site is archived at... http://wealthesteem.dyndns.org/
  4. paulzag

    To Wrap or Not to Wrap....

    Reply: 2.1 From: Paul Zagoridis Actually wrapping reduces the ceiling on the number of deposits you can fund. If your wrapped property has increased 10% you cannot refinance it to extract some of that equity. I like wraps. but when markets keep rising I tend to pray they fall over. When...
  5. paulzag

    To Wrap or Not to Wrap....

    Reply: 1.1 From: Paul Zagoridis Yep They're a business more than an investment. Rick will no doubt disagree, but in the current market I can't see myself doing more of them. I'd rather keep the goose that laid the golden egg. Cheap properties are returning great gains for me at the moment...
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