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Thanks Tobe. Yes possible to onsell but 2 problems, 1, the persons will not do a delayed settlement. and 2, this is what I am trying to avoid, It is now time to start buying as many as possible and holding them all, Yep I will look at all avenues and this deal may or may not get away, and if it...

Nothing is impossible, If you don't try you will never know. Lucky I don't get excited when trying to buy a property, I only get excited after the deal is completed. If you seen some of the deals I have done you would not judge me, My mates started to call me a tinny .... then they started...

My bulls up there, for some reason I was thinking land tax

Hi Tobe, That is also what I am trying to work out, so far I have 2 possibilities. I know plenty about how the banks work but I am trying to find new ways to do things. Why put up your own cash when there may still be a bank out there that can do this deal and other deals. mmm you can run into...

How do you know this?? you havn't seen the property and it doesn't need a 10 year lease in place, this property could be vacant and I could service the loan. after a face lift more value will be added to the value and also the rent. well I am asking for 100% finance, and so what, I am doing...

No it hasn't hit the open market yet, if it went to the open market $3.2m will be what it should acheive, the people selling it don't have a clue on price and I am not about to tell them either. Well it doesn't have to be that valuer it can be another valuer from what ever bank, but the...

Good negotiating skills, $2m was deffinitly not what they were originally asking

My own research which is better than any other. Also bank valuer

Deceased estate No one has it wrong except the seller, I found the deal and negotiated as I do and now i am trying to work out how to buy it without putting up a mill. I have 4 similar deals sitting on my desk which vary in price, it is really no biggy there sitting there today and...

Deseased Estate I don't think I know

Wouldn't need to get the valuer to agree, as long as he does not no what I can buy it for then it will value up, the bank could send 5 valuers and they should all be similar as long as they are not aware of the purchase price and I guess as long as the bank does not influence the price in any...

It is worth $3.2m even at 7.5%, huge exposure in a top location, excellent tenant the 11-12% are normaly down side streets and hard to find a tenant or they have a dummy tenant in place and then they move on out over night

Hi A question for a bank person or broker I am trying to find a bank that would take this deal on, commercial Property value is $3,200,000.00 bank can get there own valuation done and it will still be $3,200.000.00 Now I can buy this property for $2,000,000.00 It has genuine...