Wraps

[Dean P]

National morgage company

on the Gold Coast

They find the property for you,
analyse your whole of finance and refinance you to a line of credit

 

[Jamie]

Hi Dean,

See your previous post for a reply,

Jamie

 

[NigelW]

Originally posted by Dean P
National morgage company

on the Gold Coast

They find the property for you,
analyse your whole of finance and refinance you to a line of credit

Hi Dean

Remember - nothing for nothing in this life...

If you want someone to do the hard yards for you so that it is basically an entirely passive investment process on your part then you have to accept that they are going to take some of the profit out of the deal.

As long as you understand that then you can make a choice about whether that's the way you want to invest in direct property.

My personal view is that property selection is the one thing that you definitely should NOT outsource to someone else...but opinions differ.

Good luck.

 

[paulzag]

Hear! hear! NigelW

Never let someone else become the property selector AND finance broker, especially if they offer to refi you with a LOC. That is how 2 tier marketing got going.

Two slogans to think about...
You make your money when you buy, and
If you give a man a fish he eats for a day, teach him how to fish and he'll eat forever.

So would you rather learn to fish?

Regards

Paul Zag
Dreamspinner

 

[saskatoon]

Paul Zag,
Good advice, but don't you mean:
'If you teach a man to fish he eats for a day; teach him to fish, and he and his mate sit in a boat all day and drink beer'

Terry

 

[paulzag]

hehehe

Actually if the man was one of us he'd find a mate with a boat and beer.