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Invest in NZ - not in US properties is my mantra

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  • Hey

    Kerry
    You seem to post on this site every ten days or so, and say........well.... nothing.
    A cynic might suggest it's just to keep the thread active, and spruik your US property selling company.
    Just as well there are no cynics on this site.



    Yep - must be 10 days - just spent time with a US bank - they want to offer me a no recourse - asset based loan in NZ ( with a 50% deposit)

    They also offered me the chance to open a USA bank account without going to the USA and fronting up - and yes clients of mine have been offered the same.

    So Spieghts boy - are u interested? Dannemora type properties that sell for 500K for 60K?.... with a loan that is no recourse, asset based and you can borrow 50% with a 50% deposit. (This is with a real Bank)

    will be back in 10 days - probably need to promote or sell something by then?

    May see you in Qtown at the NZPIA event

    kerry

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    • will be back in 10 days - probably need to promote or sell something by then?
      Do your 'promoting' in the appropriate forum Kerry - not in this discussion - thank you.

      Cheers,

      Donna
      SEARCH PropertyTalk, About PropertyTalk

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      • There is more and more non conforming lending coming back into the market. If there ever was a time to get rich in the USA, it surely is now! I just bought a SFR in Phoenix for $38,000, rents for $850 a month. Completely paid off in under 6 years!

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        • What is a SFR Dis?
          "There's one way to find out if a man is honest-ask him. If he says 'yes,' you know he is a crook." Groucho Marx

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          • Single family residence?

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            • Shack For Rent?

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              • Sure-Fire-Return?

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                • Single Family Residence
                  MFR = Multi Family Residence

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