This has turned into a very busy month for us, so I’ll cover the most important bits. First of all, I helped my www.tycoons-forum.com members make £432,967 in profits by helping them finance their property purchases using 100% financing. This is a service that I provide through my www.property-finance.com website—check it out if you want to use little or none of your own money to buy an unlimited number of bargain properties.
Here’s a list of some of the deals I helped www.tycoons-forum.com members buy using little or none of their own money:
Deal 1:
Purchase price bought with bridge: £112,500
Remortgage 85%
LTV: £131,750
Cash back: £19,250
Open Market Value: £155,000
Equity: £23,250
Total profit = £42,500
Deal 2:
Purchase price bought with bridge: £95,750
Remortgage 85%
LTV: £102,000
Cash back: £6,250
Open Market Value: £120,000
Equity: £18,000
Total profit = £24,250
Deal 3:
Purchase price bought with bridge: £115,000
Remortgage 85%
LTV: £117,791
Cash back: £2,791
Open Market Value: £138,578
Equity: £20,787
Total profit = £23,578
Deal 4:
Purchase price bought with bridge: £115,920
Remortgage 85%
LTV: £117,300
Cash back: £1,380
Open Market Value: £138,000
Equity: £20,700
Total profit = £22,080
Deal 5:
Purchase price bought with bridge: £175,000
Remortgage 85%
LTV: £208,000
Cash back: £33,000
Open Market Value: £244,706
Equity: £36,706
Total profit = £69,706 |
Deal 6:
Purchase price bought
with bridge: £96,000
Remortgage 85%
LTV: £100,000
Cash back: £4,000
Open Market Value: £117,647
Equity: £17,647
Total profit = £21,647
Deal 7:
Purchase price bought
with bridge: £118,000
Remortgage 85%
LTV: £127,500
Cash back:£9,500
Open Market Value: £150,000
Equity: £22,500
Total profit = £32,000
Deal 8:
Purchase price bought
with bridge: £82,000
Remortgage 85%
LTV: £90,100
Cash back:£8,100
Open Market Value: £106,000
Equity: £15,900
Total profit = £24,00
Deal 9:
Purchase price bought
with bridge: £96,500
Remortgage 85%
LTV: £110,500
Cash back:£14,000
Open Market Value: £130,000
Equity: £19,500
Total profit = £33,500
Deal 10:
Purchase price bought
with bridge: £103,500
Remortgage 85%
LTV: £131,750
Cash back:£28,250
Open Market Value: £155,000
Equity: £23,250
Total profit = £51,500
Deal 11:
Purchase price bought
with bridge: £86,500
Remortgage 85%
LTV: £89,250
Cash back:£2,750
Open Market Value: £105,000
Equity: £15,750
Total profit = £18,500
Deal 12:
Purchase price bought with bridge: £175,000
Remortgage 85%
LTV: £208,000
Cash back:£33,000
Open Market Value: £244,706
Equity: £36,706
Total profit = £69,706 |
As well as the 100% financing service, I also pass on a lot of ready made bargain property deals to my members. These are deals where we have found a bargain property, made the seller a below market value offer, exchanged contracts and then passed the deal on.
Here’s a list of some of the deals I passed on to Tycoons forum members in July:
READY MADE DEAL –
14% Below Market Value,
Lancashire, 13K Equity
READY MADE DEAL –
15% Below Market Value,
Colchester, 22K Equity
READY MADE DEAL –
15% Below Market Value,
Merseyside, 19K Equity
READY MADE DEAL –
17% Below Market Value,
Bolton, 20K Equity
READY MADE DEAL –
17% Below Market Value,
Cumbria, 24K Equity
READY MADE DEAL –
18% Below Market Value,
Kent, 23K Equity
READY MADE DEAL –
22% Below Market Value, Middlesbrough, 20K Equity
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