Hi Guys,
I saw an ad in the classifieds on the weekend that advertised an investment property for sale in the coastal suburb of North Fremantle in WA. The vendor was selling 50% of his Principal Place or Residence and renting back the sold portion.
I was wondering what other investors experiences in the following questions:
1. Would Investors consider 50% purchases of an investment property?
2. have investors had any experience with a purchase and rent back to vendor before?
I thought that this particular investment would be good as it is quite expensive to get into North Fremantle and also the vendor/ tennant would be willing to sign an atrractive lease for 5years.
But anyway, I am more interested to hear investors thoughts on this type of situation investment.
cheers
Dan
I saw an ad in the classifieds on the weekend that advertised an investment property for sale in the coastal suburb of North Fremantle in WA. The vendor was selling 50% of his Principal Place or Residence and renting back the sold portion.
I was wondering what other investors experiences in the following questions:
1. Would Investors consider 50% purchases of an investment property?
2. have investors had any experience with a purchase and rent back to vendor before?
I thought that this particular investment would be good as it is quite expensive to get into North Fremantle and also the vendor/ tennant would be willing to sign an atrractive lease for 5years.
But anyway, I am more interested to hear investors thoughts on this type of situation investment.
cheers
Dan