Struggling to find that deposit? No worries

Discussion in 'Loans & Mortgage Brokers' started by andrew_t, 11th Jan, 2017.

Join Australia's most dynamic and respected property investment community
Tags:
Page 1 of 2
  1. andrew_t

    andrew_t Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    160
    Location:
    Sydney
    andrew_t, 11th Jan, 2017
    #1
    Hetty, highlighter and Agent30yrs. like this.
  2. Agent30yrs.

    Agent30yrs. Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    295
    Location:
    Brisbane
    Jeez, I'm blowing a grand a week down the drain !
     
    Agent30yrs., 11th Jan, 2017
    #2
    datto, Bunlee, highlighter and 5 others like this.
  3. EN710

    EN710 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,218
    Location:
    Melburn
    So $70k a pair? That's a decent house deposit indeed
     
    EN710, 11th Jan, 2017
    #3
    Sackie likes this.
  4. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    13,500
    Location:
    Melbourne
    Geez, you'd have to have balls to do that.....

    The Y-man
     
    The Y-man, 11th Jan, 2017
    #4
    Pentanol, albanga, Sackie and 11 others like this.
  5. Agent30yrs.

    Agent30yrs. Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    295
    Location:
    Brisbane
    And you only need to buy a 1 bedder !! ;)
     
    Agent30yrs., 11th Jan, 2017
    #5
    Dan Donoghue, Paterson00, Pamela Palmqvist and 1 other person like this.
  6. mikey7

    mikey7 Well-Known Member

    Joined:
    30th Mar, 2016
    Posts:
    1,173
    Location:
    Sydney, Brisbane
    People tell me that I've got a lot of balls doing the job I do. Wonder how much money I could make.
     
    mikey7, 11th Jan, 2017
    #6
  7. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    13,500
    Location:
    Melbourne
    You'd have to be nuts..... to lose your nuts.

    The Y-man
     
    The Y-man, 11th Jan, 2017
    #7
  8. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

    Joined:
    18th Jun, 2015
    Posts:
    3,979
    Location:
    Canberra, Brisbane and Sunshine Coast
    Now that would make for an amazing API article! "Read about how one young man swapped a testicle for a deposit on a Logan townhouse"
     
    Jamie Moore, 12th Jan, 2017
    #8
    albanga, Bunlee, Sackie and 7 others like this.
  9. andrew_t

    andrew_t Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    160
    Location:
    Sydney
    Maybe @Terry_w could right a tax tip on this? :D
     
    andrew_t, 12th Jan, 2017
    #9
    albanga, JacM and Jamie Moore like this.
  10. Joynz

    Joynz Well-Known Member

    Joined:
    5th Apr, 2016
    Posts:
    5,755
    Location:
    Melbourne
    Followed by lots of posts on this forum saying 'there you are - clearly anyone can get a deposit - just sell a testicle. Easy.'

    Which would be followed by a female posting ’but what about me?'

    To which several forum members would respond 'she clearly isn't trying hard enough. If she just changed her mindset she could easily sell a testicle for a deposit!'
     
    Joynz, 12th Jan, 2017
    #10
    Bunlee, House, Angel and 7 others like this.
  11. EN710

    EN710 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,218
    Location:
    Melburn
    Whose testicle :p

    Sell 4 eggs
     
    EN710, 12th Jan, 2017
    #11
  12. Joynz

    Joynz Well-Known Member

    Joined:
    5th Apr, 2016
    Posts:
    5,755
    Location:
    Melbourne
    Much more complicated to sell eggs.

    Actually, I suspect it is illegal to sell either in Australia.
     
    Joynz, 12th Jan, 2017
    #12
  13. DaveM

    DaveM Well-Known Member

    Joined:
    14th Jun, 2015
    Posts:
    3,761
    Location:
    Adelaide & Sydney
    You could do this, but you would want it to be in a testementary trust
     
    DaveM, 12th Jan, 2017
    #13
    albanga, Bunlee, Sackie and 7 others like this.
  14. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,225
    Location:
    Sydney or NSW or Australia
    I can't see it working in the traditional sense...donate, cut it off, grab cash.....rinse and repeat.


    Something unsustainable there. :eek:
     
    Scott No Mates, 12th Jan, 2017
    #14
    Jamie Moore and andrew_t like this.
  15. bob shovel

    bob shovel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    6,935
    Location:
    Lower Blue Mountains
    mine are safely secured away in my wife's handbag ;) I can only dream about them and the cold hard cash
     
    bob shovel, 12th Jan, 2017
    #15
    Pentanol, albanga, Bunlee and 5 others like this.
  16. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    13,500
    Location:
    Melbourne
    Not a testicular trust?

    The Y-man
     
    The Y-man, 12th Jan, 2017
    #16
  17. aussieB

    aussieB Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    389
    Location:
    Darwin
    FFS ! Grow a pair. Donate one. Then for the next IP donate the other one :D
    Why do people keep saying property investment is tough.
     
    aussieB, 12th Jan, 2017
    #17
  18. TMNT

    TMNT Well-Known Member

    Joined:
    23rd Jul, 2015
    Posts:
    5,572
    Location:
    Melbourne
    I've booked a flight to Thailand! I'm sure those lady boys won't mind donating one or two
     
    TMNT, 12th Jan, 2017
    #18
    aussieB likes this.
  19. Birdseed

    Birdseed Well-Known Member

    Joined:
    28th Feb, 2016
    Posts:
    68
    Location:
    Sydney
    Tougher sacrifice than twice weekly smashed avocado sourdough, to be fair.
     
    Birdseed, 12th Jan, 2017
    #19
    Jamie Moore likes this.
  20. Finrod

    Finrod Active Member

    Joined:
    18th Jun, 2015
    Posts:
    43
    Location:
    Sydney
    Hmm; not too bad.

    After donating one, life will be a ball!
     
    Finrod, 12th Jan, 2017
    #20
    Jaye Kershler and House like this.
Page 1 of 2
Build Passive Income WITHOUT Buyers Agents!

Build Passive Income WITHOUT Dropping $15K On Buyers Agents Each Time! Helping People Achieve PASSIVE INCOME Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, Anywhere In Australia