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Paul thanks. 1.I guess my question re the bank loan is, when the bank evaluates your assets n serviceability , will they look favorably on your lease options assets? Technically the title still under your name, you get more rent in each week, that means u can borrow more for your other deals...

Oh ok, I guess I got a different concept about the sale price. I remember I learned from Paul and Danny McKenna in around 2003 that when they do lease options, they actually project the sale price to the next 3 - 4 years or something like that. THeyt had a slightly different system where part of...

Hi Paul So u only expect your property to grow 7% in the next 3 years , isnt that underestimating it? Also when u sign the lease option , does it mean: - the buyer tenant pays all rates, strata, insurance etc? - you will get more bank loan because you can show you get more "rent" per week...

Hi This article says stamp duty of full purchase price is payable within 30 days if it is instalment contract. http://www.zandelaw.com.au/property/instalment-contracts-queensland/ Sheree do u use lease options or instalment contracts?

Hi sheree and lofty Thanks for your advice! How much deposit do u ask for as a minimum standard? Most people say they have only about $2000 they can put in. Lofty when you said 7% premium above market value, do u mean if my house is valued at say 280k now I should set the option exercise...

Aaron The interest rate is because I bought this one in a hybrid trust

Hi , I am considering doing this because I need the extra cash flow to enable me to get more loan, also extra cash each week is good right? Also means I got a tenant who takes good care of the property n will buy from me without me paying agents . If I charge $450 pw rent, is that too low...

Hi all, I have a house that I built 4 years ago for 190,000 including land. It is worth about 260,000 - 270,000 now. I calculated the capital growth is about 18,500 per year increase. I owe 170,000 to the bank, paying $1200 per month at 6.7%. I want to do a lease option. 1) How do I set the...