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Care to elaborate....?
Vendor finance generally means that the person selling is giving the finance.
ie he is lending you the money to buy his property.
He doesnt take a lump sum, but you make the monthly repayments to the vendor instead of the bank.
The is usually no 3rd party or external company involved.
Yep.
I understand the theory behind Vendor Finance.
I am looking for Vendor Finance companies to discuss oportunities I can offer.
Cheers
Mick
Please expand on what you are after as maybe able to point you in the right direction.
In Qld First Home Owners Group Pty Ltd is the biggest provider of vendor finance but we dont lend outside of the Sunshine State.
I don't wish to pour cold water on your ideas but the deals are there and for me its better to pound the foot path looking for deals if that what you are looking for.
Hi Mick
The next Melbourne meeting of the Vendor Finance Association of Australia will be on 25 September. Details can be found at:
http://www.rickotton.com/mainforum/viewforum.php?f=9
Cheers, Paul