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GAVIN Category: Wholesale
Current Grade: A
Total Views: 523
Member Comments: 1
 Posted on: 10/26/2008
Posted by: GAVIN
Blog Points: 245
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I have two sellers who have asked if I would buy their land/sections from them, one section as big as 43ha another 9000m2. I don't have any use for these section personally although I know they both have the capacity to realize 20 and 12 new titles respectively. What strategy would some of you suggest be used If you had this opportunity presented to you? And how would you go about it Kia ora thanks

Kind Regards
Gavin
NZ
Current Grade: A
Category: Wholesale
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Pam's Property

Posted By: Pam's Property on 10/27/2008

Hi,  Buy the land, split it up and  sell it with owner finance so that you hold the mortgage on it.  Ask for a small amount down and low interest and it should go relatively fast.  It will provide good cashflow without the headaches of traditional properties. Historically land has never gone down in value so it makes a great all time investment.

God's Favor  & Blessings

 

Thanks!
Pam
www.pamsproperty.com