Hi all
I was interested in your collective wisdom as to how we may purchase a PPoR using a creative method.
Our position is asset poor but cashflow... reasonable. Basically we don't have anything in the way of a deposit but would like to do something other than straight out rent.
We know a bit about lease options, rent to buys and vendor finance but now we find ourselves in the opposite position of being the purchaser.
We're prepared to do a letter drop and online marketing campaign to find vendors. But what type of deal would be a win win in this situation? Who is our ideal vendor?
Looking forward to your advice and ideas.
Cheers
Tony
I was interested in your collective wisdom as to how we may purchase a PPoR using a creative method.
Our position is asset poor but cashflow... reasonable. Basically we don't have anything in the way of a deposit but would like to do something other than straight out rent.
We know a bit about lease options, rent to buys and vendor finance but now we find ourselves in the opposite position of being the purchaser.
We're prepared to do a letter drop and online marketing campaign to find vendors. But what type of deal would be a win win in this situation? Who is our ideal vendor?
Looking forward to your advice and ideas.
Cheers
Tony