I have been living in Melbourne, Australia for the last two years.

I’m a Houstonian; however, I’ve lived in Miami, NYC, South Korea, and Sydney, Australia - no I wasn’t in the military.

We in Australia are suffering now from your sub-prime meltdown and it is starting to cause a lot of pain, but from what I read not quite as much as in your country.As property investors we are conflicted aren't we?

We have contracts for over here (in Australia) but they do vary slightly from State to State - possibly the same in the US, but your legal people should be able to advise on that.You can get access to US standard option contracts, again that may need to be modified to suit your deal, as part of the package available at my website.

I'm an investor from Australia, seeking to begin investing in the USA shortly, so excuse me if my questions seems naive.

:D Here in Australia, it's true that it's been historically difficult to get realtors to present an owner-financed deal to the vendors in such a way that it's likely to be accepted.

(Excuse me if it's a naive question; passing on expenses is possible here in Australia for business premises, but strictly prohibited for residential leases.)

This arrangement is used extensively in Australia (we call it "management rights").

What is amazing is that Australia is like that EVERYWHERE, and there seem to be an incredibly small number of people who acknowledge that it's unsustainable and needs to change.

hi timadd me to your listif you look at my profile I am here in sydney and I am looking at the same as your last client.not sure if the way we are looking at it is the same as your last client.I would be very interested in what structure athey bought inand how they put the buying entity together.what and who they used for their legals and tax as we can mirror the way they have done it.I think funding is not the major issue as there will be lenders to lend if we buy right.we are a start forward type of buyer.and usually very straight shooters.we have a way of buying the 35 to 99k properties and then we call them pooled loans not sure what you call them a bit new at your neck of the woods.I would like to get into the buy hold refi and use the same lender to fund into australia but thats a bit down the track.the more info on the structure the better at this stage and if that requires us to buy a property to learn we will