Some younger girl i’m hoping you’re guys and in this video i am gonna share with you 4 methods you can buy property with out utilizing any of your own cash so if you want to buy residences without a cash then keep tuned okay so the methods i’m about to explain to you how one can purchase residences without using any of your possess cash to begin with I need to say that i’ve executed all four methods so this is not stuff that i am speakme about this is not conception this is exact sensible i’ve been there I’ve achieved it not only of eyes on it however I’ve helped dozens and dozens of other folks do it as well by telling them what I did so this is you understand real lifestyles stuffs and people persons say to me you can not purchase residences and not using a money and i reply you are surely correct you are not able to they can not since they don’t believe they are able to so I suppose step one you’ve got just been open minded men and women had been purchasing companies and not using a cash for years utilizing you already know name cons of one-of-a-kind agreements so I need to share these with you and that you would be able to both that you may be one of the most humans varieties of persons to assert are don’t consider that is viable that’s too excellent to be proper and all that style of stuff in which case that is great probably do not even proceed observing anymore the video if you do not need but yeah when you believe last one or that you could be any individual that’s just a bit bit open-minded in which case this might occur for you so this is the first means number one is lease option contract now a rent option contract is essentially where you buy a property in these days but you pay for it later so that you may just about say it is a bit bit like the owner has given you a free mortgage for say five years with regards to the end of the choice contract you don’t need to buy it you’ve the choice not the obligation and in all that point and that is what simply blows my mind and i have good rent options I seeing that I’ve received many rent alternative agreements so say you buy it in these days but you pay for it in 5 years you do not put whatever down in these days k you might you would have to pay for the solicitor prices but you could truly put any money in for the property at all and you are getting instantaneous money float and because the house goes up in value you’re gaining from capital appreciation so it’s only a top notch manner of getting your foot within the door proudly owning homes and doing this commencing out with no cash if you want to study extra about lease choice agreement I must other movies about this but it’s certainly one of my favorites quantity two is joint ventures now a joint enterprise is the place two persons come collectively they mostly will convey 50% of price and they’ll put 50% of price together to do it a enterprise a deal if your venture is property and you’re shopping a property and you’ll do this as a joint enterprise with somebody else you might have each acquired to bring fifty-fifty worth but you haven’t necessarily gotta carry fifty-fifty money your price could be some thing that isn’t actually money your price could be you are bringing the deal to the desk you could be bringing your capabilities the energy crew the overseeing of the task there’s a variety of matters which you could deliver to the deal apart from cash in case you discover a joint venture accomplice who has money but that’s it i’ve nothing else they can not go on to be successful without you you inform them appear you set the money in we’ll put the time and the energy and the competencies and the group and all that in and then we are going to go 50/50 on the earnings conveniently you have bought a property without making use of any of your possess cash joint ventures obviously combating this approach to do it now it’s really convenient to be really cautious in case you do it your enterprise partnership that you’ve got clear expectations and readability so you understand what’s what in case it can be a case of you stated this no I didn’t so you ought to have a appropriate contract drawn up and a transparent understanding of what you’re each bringing to the table but joint ventures is an first rate way to get began and not using a miner and for that you just can’t be successful in property with out a cash no time no creativity no implementation of course you need some thing both deliver something to the desk but it surely doesn’t have got to be cash quantity three one of a kind to joint ventures this is utilising other people’s money if you know how to purchase a property and make a 20 percent return on funding you additionally know anybody who’s got 100 thousand kilos sat in the bank doing nothing you might borrow their money to buy property supply them a fixed return so you could supply them 5 percentage ten percentage return on funding on their money which is far higher than the bank and then any extra you are gonna hold your self and you could have also undoubtedly free property so it would not have to be your cash you should use someone else’s that is very distinct to a joint venture since a joint venture has a stake in the property other individuals’s cash number three that might also be the financial institution’s cash you could get a financial institution mortgage to position down to buy a property it isn’t important the place the cash’s come from it can be simply it can be someone else’s apart from yours so it’s a case of tapping into money i have individually myself i am now not recommending this however i’ve bought properties on credit cards I’ve literally long past to the bank with credit cards maxed out and use the cash to buy put down deposit on houses after which swap the debt on the credit card over to a zero% bank card so i’m not even paying curiosity on the debt that’s other persons’s cash received to be careful doing this considering that you have to comprehend what you are doing you do not wanna borrow money from associates and loved ones after which screw it up but when you know what you are doing and also you fully grasp the right way to buy residences I feel utilising other individuals’s cash he is a a lot smarter means of utilising your own because you have got you are gonna get a limiteless return on funding that way number four of how one can purchase residences and own houses with out utilizing any of your own cash is by using purchasing a property including price to it and then refinancing the property you do not even need much money simply start with when you consider that which you can get a bridging mortgage a few of my pupils are doing this right now as we speak very efficiently whereby they’re buying residences they are borrowing all of the cash on a bridging loan to buy the property they’re then including value to the property and again borrowing cash to do that so the entire factor they’re borrowing individuals banks cash to do it however then when the assignment is completed they usually’ve added price there then refinancing the property on with a brand new lender and the money that they get they paying off all of the loans after which they’ve acquired now obtained a property that they’ve put none of their own cash down for I mean you might turn out to be leaving a little bit bit of money in in case you do it proper that you may go away no cash in I’ve carried out this efficiently several occasions the place I’ve left no money in with buying and refinancing on bridging and bridging loans that is just 4 ways which you can buy properties without utilizing any of your own cash i’m hoping that’s been inspiring i am hoping that’s been important if that is opens your mind up however this just relatively acquired you pondering then why not do your neighbors and household the want and share the video around – up – for the reason that i’m on a mission to particularly open up men and women’s minds and to get folks out the old mind-set which is shop up put cash in a financial institution worked quite difficult put a deposit on a apartment that historic way of thinking which is leading to individuals buying their first residence when they’re in their 30s and 40s which it quite does not have got to be like that so i’m on a mission share the mission share the video thanks a lot i really like you very a lot peace out thank you a lot for watching if you benefited from that video please do share it along with your household and buddies for extra movies love it you could watch right here and in order for you to spend two days with me at the property investors crash direction watch this video see what occurs but whatever you do consider to subscribe proper right here and i’ll see you next time
