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Renting out the property bought with less Equity? >20% of House value
Hi Guys, Is there any rule that a Home owner who purchased house with less deposit (10%) of purchase price cannot Rent the property completely till their Equity share reaches 20% of the property value. I heard this from a friend who mentioned, getting income from rents is nothing but an Investment property...
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Vendor Finance or Rent Purchase help
Hi I have a property that has been on the market for almost 3 years and I have a potential rent purchase or vendor finance buyer. I have had previous experience with vendor finance and saw a successful outcome. The purchasers paid us as though we were the bank until they sold their house and were...