yes - i am willing to do that!
there is a property coming up for auction tomorrow (wednesday 10th) that i am very interested in. the agent has rung practically begging me to attend as his top 4 contenders have pulled out due to finance problems.
i have enough for deposit, but it is tied up in shares atm. i can liquidate, but would rather not as i would then be confirming my losses (still down 20% from purchase price).
so - i have enough cash on hand for half the deposit, and total costs, of the maximum figure i am prepared to go to at auction.
i will be cashed up again at the end of the calendar year and can then pay out this loan ... but in the meantime i am prepared to pay up to 10% flat, as i consider the expense of $3k in interest very worthwhile "if" i can get this property at the right price.
anyone interested or know anyone who might have a spare $30k sitting around looking for a short term home? obviously proper legal documents would be drawn up at my expense.
in the meantime ... i have some phone calls the make.
there is a property coming up for auction tomorrow (wednesday 10th) that i am very interested in. the agent has rung practically begging me to attend as his top 4 contenders have pulled out due to finance problems.
i have enough for deposit, but it is tied up in shares atm. i can liquidate, but would rather not as i would then be confirming my losses (still down 20% from purchase price).
so - i have enough cash on hand for half the deposit, and total costs, of the maximum figure i am prepared to go to at auction.
i will be cashed up again at the end of the calendar year and can then pay out this loan ... but in the meantime i am prepared to pay up to 10% flat, as i consider the expense of $3k in interest very worthwhile "if" i can get this property at the right price.
anyone interested or know anyone who might have a spare $30k sitting around looking for a short term home? obviously proper legal documents would be drawn up at my expense.
in the meantime ... i have some phone calls the make.