Wufoo

Name * First Last
Email *
(Area Code) & Phone Number *

Include COUNTRY CODE if not in New Zealand.
Investment Criteria *
Buy & Hold for Cashflow Immediate Equity - purchase under registered valuation Value add by Renovating or Subdividing

Most of the properties we have available are over 9% gross yield. Some will need renovating or overdue maintenance, while others may be under rented.

We mostly have single homes or two houses on one title in lower socio suburbs of Hastings and Napier - this is where the good yields are!
Type of Property & Quality of Structure *
Commercial building House of Flat House with Subidividable Section OR Renovation Block of 2 or 3 Flats (LVR 80%) Needs no work Scruffy, but very rentable as-is Minor / Overdue maintenance (carpet, leaky taps, paint) Needs full renovation (we have a team of tradies and can project manage for you)

We have an excellent team of tradies available and will project manage renovations and repairs for you for a small fee.
What is your investment strategy? What are you purchasing for? *
POSITIVE CASHFLOW (income is more than mortgage, rates & insurance) NEUTRAL CASHFLOW (income is about the same as outgoings) NEGATIVE CASHFLOW (you're topping up each week)

Positive cashflow deals are mostly in lower socio neighbourhoods.

Negative cashflow deals are in nice leafy-street neighbourhoods.
What is your investing experience *
I'm a first time investor I have 1 or 2 investment properties I have 3+ investment properties

The number of properties you have may affect your ability to get finance.

Get your finance pre-approved to put yourself in a strong buying position.
How much deposit do you have available in cash or equity? NOTE: Experienced investors may need up to 30% deposit. *
I have less than $40,000 in cash or equity available I have $41-60,000 in cash or equity available I have $61-80,000 in cash or equity available I have $81-100,000 in cash or equity available I have $101-120,000 in cash or equity available I have more than $121,000 in cash or equity available

PLEASE GET YOUR FINANCE PRE-APPROVED

NZers - if you have investment properties already, the mainstream banks are requiring up to 30% deposit. AMP Home Loans (thru Roost Mortgage broker) may require less.

AUSSIES/OTHERS - You will need 30% deposit to invest in NZ property. This can be either cash or equity.
When are you ready to purchase? Remember, YOU NEED TO GET YOUR FINANCE PRE-APPROVED. *
NOW and my finance is PRE-APPROVED. I am ready to buy! NOW - I still need to sort my finance 2 months 4 months 6 months I don't know

With so many fantastic yielding properties coming available, we are focusing on finding properties for people who are pre-financed and ready to purchase.

You're most welcome to receive our email deals, but please be honest with us about your buying timing and ability.
Other important info that will help me find you a CASHFLOW POSITIVE property. Please answer these questions so we can help you:
1. How much are you pre-approved to?
2. Is your deposit CASH or EQUITY?
3. What bank interest rate you work your numbers out on?
4. What percentage of income from the property is the bank allowing to service the loan? Typically this may be 70% - 80%.
5. Is it an INTEREST ONLY loan?
6. Is it a PRINCIPLE & INTEREST loan?
7. What depreciation percentage are you using?
8. How much money do you set aside for maintenance per year?
9. How many weeks do you work your rent figures on? 50? or less? *
Do Not Fill This Out

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