FAQs
FAQ
COMMON QUESTIONS
MASTERFUND is for anyone dealing in $200,000 or more. It can be property, business, dealings, goods or services or IP.
CAN MASTERFUND HELP ME ?
What ever you are doing that needs expert help and or funding we can help.
We have the experts and know how to cover all Australia ..
CAN I USE A BANK AS WELL ?
YES we will work with all banks and private people. We can help overseas people, out of area and new to the county migrants.
CAN YOU HELP WITH FARM SUCCESSION OR SECRET SALE ?
Yes.
CAN YOU ACT AS OUR AGENT SO WE ARE ANONYMOUS ?
Yes.
DO YOU WORK UNDER A CONFIDENTIALITY AND NON COMPETE AGREEMENT ?
Yes.
WE MAY NEED AN ADVISOR FOR OUR HOME OR BUSINESS – CAN YOU HELP ?
Yes.
WHAT LIMITS DOES MASTERFUND HAVE?
We deal all over Australia, in the city and country. We assess dealings from $200,000 to $20M per dealing.
CAN I USE MY OWN ESTATE AGENT OR BROKER ?
Yes.
CAN I SELL AND RENT MY HOUSE BACK ? WITH A CHANCE TO RE PURCHASE ?
Yes. We Use RENTBACK contracts.
I AM A MORTGAGE BROKER / ESTATE AGENT CAN I BE ACCREDITED BY YOU ?
Yes.
Independent agents may be certified by MASTERFUND and or RENTBACK to represent users on our Members Only platform so we kindly direct to www.Rentback.au/agents/LOGIN and www.Masterfund.com.au/authreps/LOGIN.
WHAT IS "LeaseBack" ?
Lease-Back is an agreement under which a purchaser of an asset allows the previous owner to maintain use / occupancy of that asset.
Residential Lease-back
is an agreement by which the former owner of a property leases it from the investment company/proprietor they sold it to.
RENTBACK is a members only independent platform for homeowners. Our sister sites MASTERFUND.com.au & the VICTORIANDEALINGSREGISTER are for its /their own members such as funders,superfunds, lenders, investors and banks, lawyers & authorities use.
Rentback's personnel are licensed real estate agents that are local and independent.
"Rentback-Certified" agents are trained and equipped by Rentback to carry out POP leaseback transactions with the highest standards, ethics, professionalism and with genuine care & integrity.
Our agents are trained and are to always put your interests before Rentback, our partners and other stakeholders.
What happens when a rent-back agreement ends ?
Once the agreement is drafted to satisfy both the buyer's & seller's standards and they are both ready to settle, they can begin the "POP rent-back" period.
Once the POP rent-back period ends, the seller is expected to move out / refinance /other, (as may be agreed prior), so the buyer can officially move in. If the seller does not move out on time, the buyer, just like a landlord, has the right to evict.
Advantages of a rent-back agreement
There are advantages for both the buyer and seller in a rent-back agreement. It will help the seller avoid moving and give them time to get their life (or business) together or finalize their next place of residency. The buyer benefits financially and can use the money they’ve earned to help cover costs.
The terms of a rent-back agreement are meant to benefit and protect both the buyer and seller.
What we’ve learned
A rent-back agreement is when a buyer allows a seller to stay in their home after settlement, governed by certain conditions. This benefits the seller by giving them teh ability to stay in the same home at the same address.
In exchange for letting them stay, the seller pays the buyer “rent money” or a license fee or they enter a Property Operating Plan (POP) to share in the costs and equity of the asset over time to flexible degrees.
We have our own team of brokers, agents, lawyers , funders that will become part of your team.
Using a real estate professional to help draft the terms of this agreement can be helpful so the terms of the agreement can aim to suit both parties involved.
PAPERWORK AND PREPARATION
We also help you with the all the necessary paperwork, liaising with the banks, creditors, council, authorities, examining planning permits, preparing detailed useful detailed easy to follow plans.
BUILDING A BETTER LIFE BEGINS !
We’ll provide complete support and advice if you want changes along every step of the way.
PEOPLE CAN USE IT FOR – EXAMPLE – Equity Release
Build a New Home
Fund a new construction loan with your existing home’s equity. Move only when your new home is complete.
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Purchase a New Home / Buy A Farm ! Make A TreeChange – SeaChange
Fund the deposit for a new home with your existing home’s equity before you move.
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Transition to a New Location
Purchase your new home and have as much time as you need with both homes before letting go of the former.
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Pay Off Debt
Use your home equity to pay off high interest debts, credit cards, student loans, medical bills etc.
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Increase Borrowing Capacity
Improve your credit rating, increase your ability to borrow.
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Protect Wealth
Reallocate the personal wealth stored in your home to hedge against price declines in the housing market.
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Generate Income
Reallocate home equity into income producing securities. Forget reverse mortgages; leaseback is a smarter retirement income solution.
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