What it really means…
Client is able initiate plans to have one child and gift the house to them in 20 years time.
All while being in the process of purchasing their next investment property through Abundance property.
| Item | Details |
|---|---|
| Purchase Price | $795,000 |
| Contract Date | March 2016 |
| Paid at Contract Date | $79,500 |
| Settlement Date | – |
| Paid at Settlement | $715,500 |
| Days Vacant Before Lease | 2 weeks |
| Lease Duration | 12 months |
| Valuation at Settlement | $805,875 |
| Money Made | $10,875 |
| Time to Profit | [Not provided] |
| Investment | $40,595 (10%) |
| Growth | 1.3% |
