Some younger girl i hope you’re guys and in this video i’m gonna share with you four ways which you can buy property with out using any of your possess cash so if you wish to purchase houses with out a money then keep tuned k so the ways i’m about to describe to you how you can purchase homes with out making use of any of your own cash firstly I want to say that i have carried out all four ways so this is not stuff that i’m speaking about this is not thought this is exact realistic i have been there I’ve carried out it now not only of eyes on it however I’ve helped dozens and dozens of different men and women do it as good via telling them what I did so this is you know real lifestyles stuffs and people men and women say to me you can’t purchase houses with no cash and i reply you’re obviously right you cannot they cannot considering that they don’t feel they are able to so I consider step one you may have simply been open minded individuals had been shopping firms without a money for years utilizing you know name cons of different agreements so I wish to share these with you and that you may both that you can be probably the most men and women types of individuals to assert are don’t think that is feasible that’s too excellent to be authentic and all that kind of stuff where case that’s great perhaps do not even proceed observing anymore the video if you do not want however yeah if you happen to think last one or that you would be able to be someone that is just a little bit open-minded in which case this would occur for you so here’s the first method quantity one is lease option contract now a hire alternative agreement is truly where you buy a property today but you pay for it later so you can virtually say it is a little bit just like the owner has given you a free loan for say five years in terms of the top of the alternative agreement you do not must purchase it you may have the choice not the duty and in all that time and this is what simply blows my intellect and i’ve good hire choices I on account that I’ve got many lease alternative agreements so say you purchase it at present but you pay for it in 5 years you don’t put anything down in these days okay you could you might ought to pay for the solicitor expenses but that you would be able to honestly put any money in for the property in any respect and you are getting immediate money waft and as the condo goes up in price you are gaining from capital appreciation so it’s just a awesome means of getting your foot in the door owning homes and doing this commencing out and not using a cash if you wish to gain knowledge of extra about lease alternative contract I must other videos about this nevertheless it’s one in all my favorites number two is joint ventures now a joint venture is the place two persons come together they most commonly will deliver 50% of value and they’re going to put 50% of value collectively to do it a venture a deal in case your enterprise is property and you’re shopping a property and you can do that as a joint venture with a person else you will have each received to convey fifty-fifty price but you haven’t necessarily gotta bring fifty-fifty cash your worth could be anything that’s not truely cash your price could be you are bringing the deal to the table you might be bringing your talents the vigor crew the overseeing of the venture there may be a variety of things that you could bring to the deal apart from money if you find a joint venture accomplice who has cash however that’s it i have nothing else they can’t go on to be successful with out you you inform them seem you set the money in we are going to put the time and the power and the competencies and the staff and all that in and then we’ll go 50/50 on the profits simply you may have purchased a property without using any of your possess money joint ventures without doubt combating this approach to do it now it can be quite convenient to be quite cautious should you do it your venture partnership that you’ve got clear expectations and clarity so you know what’s what in case it’s a case of you stated this no I failed to so you have to have a proper contract drawn up and a clear figuring out of what you’re each bringing to the desk however joint ventures is an first-rate strategy to get began with no miner and for that you simply cannot be triumphant in property and not using a money no time no creativity no implementation of course you want whatever both convey some thing to the table however it doesn’t ought to be cash quantity three special to joint ventures this is utilizing other persons’s money if you know the way to buy a property and make a 20 percent return on investment you additionally know anyone who’s obtained a hundred thousand pounds sat in the financial institution doing nothing you could borrow their cash to buy property provide them a fixed return so that you might give them 5 percent ten percent return on funding on their money which is far better than the financial institution and then any further you are gonna keep yourself and you have got additionally without doubt free property so it does not need to be your money you need to use anyone else’s that is very distinctive to a joint enterprise for the reason that a joint enterprise has a stake within the property different folks’s cash number three that could also be the bank’s money you could get a financial institution mortgage to place down to buy a property it doesn’t matter the place the money’s come from it’s simply it can be any person else’s besides yours so it’s a case of tapping into cash i’ve individually myself i’m now not recommending this however i’ve purchased properties on credit cards I’ve literally gone to the financial institution with bank cards maxed out and use the money to purchase put down deposit on residences and then change the debt on the bank card over to a 0% bank card so i am now not even paying curiosity on the debt that’s different men and women’s cash bought to be careful doing this on account that you have to know what you are doing you do not wanna borrow cash from associates and household and then screw it up but when you already know what you are doing and you recognize learn how to buy homes I think making use of different men and women’s money he is a so much smarter way of using your possess when you consider that you have you are gonna get a limiteless return on funding that way quantity 4 of the best way to buy houses and own residences without using any of your possess money is by way of buying a property including value to it after which refinancing the property you don’t even need much cash just begin with in view that you could get a bridging loan a few of my students are doing this right now as we communicate very effectively whereby they’re buying residences they are borrowing all of the money on a bridging loan to purchase the property they’re then adding value to the property and once more borrowing cash to do that so the whole thing they’re borrowing persons you recognize banks cash to do it but then when the undertaking is completed and they’ve delivered value there then refinancing the property on with a brand new lender and the money that they get they paying off the entire loans after which they’ve received now got a property that they’ve put none of their own money down for I mean you could grow to be leaving a bit of bit of money in in case you do it right that you may depart no cash in I’ve done this efficaciously a few times where I’ve left no cash in with buying and refinancing on bridging and bridging loans that is simply 4 approaches you can buy properties with out utilizing any of your own money i am hoping that is been inspiring i am hoping that’s been important if that is opens your mind up however this just really acquired you considering then why don’t you do your neighbors and family the favor and share the video round – up – seeing that i’m on a mission to fairly open up people’s minds and to get men and women out the old mind-set which is shop up put cash in a financial institution labored quite rough put a deposit on a residence that old way of thinking which is leading to humans buying their first condominium when they are in their 30s and 40s which it relatively doesn’t must be like that so i am on a mission share the mission share the video thank you a lot i like you very much peace out thanks so much for gazing when you benefited from that video please do share it together with your household and associates for more movies like it that you can watch proper right here and if you want to spend two days with me on the property traders crash direction watch this video see what occurs however whatever you do consider to subscribe proper right here and i’ll see you next time
