We’ve been really busy this month ploughing through around 40 “ready made” fully negotiated deals we’ve sourced for our clients. These are all going through to completion so we have been focusing our efforts on completing those before we pass on too many more.

Expect to see more ready made deals on the ready made deals section of the www.tycoons-forum.com in the coming weeks. The section can be found here:

http://tinyurl.com/25w4kq

We also completed on a few dozen closed bridging deals which is a 100% financing service I provide through www.property-finance.com. Here’s a small selection of the deals we’ve completed for Property Tycoons Community members:

Deal 1: Kent
Purchase price bought with bridge: £100,000
Remortgage 85% LTV: £101,700
Cash back: £1700
Open Market Value: £119,647
Equity: £17,947
Total profit = £19,647

Deal 2: London
Purchase price bought with bridge: £120,000
Remortgage 85% LTV: £135,000
Cash back: £15,000
Open Market Value: £158,823
Equity: £23,823
Total profit = £38,323

Deal 3: Gwent
Purchase price bought with bridge: £97,000
Remortgage 85% LTV: £110,250
Cash back: £13,250
Open Market Value: £129,705
Equity: £97,275
Total profit = £110,525

Deal 4: Middlesbrough
Purchase price bought with bridge: £65,608
Remortgage 85% LTV: £68,00
Cash back: £2392
Open Market Value: £80,000
Equity: £12,000
Total profit = £14,392

Deal 5: Doncaster
Purchase price bought

withbridge: £220,000
Remortgage 85% LTV:
£221,000Cash back: £1000
Open Market Value: £260,000
Equity: £39,000
Total profit = £40,00

Deal 6: Doncaster
Purchase price bought with bridge: £58,000
Remortgage 85% LTV: £68,000
Cash back: £10,000
Open Market Value: £80,000
Equity: £12,000
Total profit = £22,000

Deal 7: Manchester
Purchase price bought with bridge: £98,000
Remortgage 85% LTV: £110,000
Cash back: £12,000
Open Market Value: £129,411
Equity: £19,411
Total profit = £31,411

As you can see, we’re helping property investors across the UK purchase properties using little and very often none of their own money. Actually, all the deals I’ve just outlined gave our clients cash back which means they not only purchased the property using none of their own money, they also got cash back on top to spend however they like!

To help you understand this concept I’ll take an example and walk you through.

Check out “Deal 7: Manchester”. The market value of the property is £129,411. Based on this, the bank agreed to lend our client £110,000 as a remortgage.

The client cannot draw these funds

unless he owns the property so he came to us to purchase the property cash using our bridging funds. We lent him £98,000 which allowed him to purchase the property for cash. On the same day, he then drew down the remortgage funds of £110,000 which paid back the £98,000 bridge.

This left around £12,000 cash back from the remortgage which the client banked..

He also has £19,411 equity in the property (the difference between the market value of £129,411 and the remortgage amount of £110,000) so he is a very happy client indeed! We have many clients doing deals like these with us every week.

I wanted to highlight these real life examples as my way of proving to you these deals are definitely out there! Do not feel discouraged if you aren’t finding as many deals as you need. Read through the www.tycoons-forum.com knowledge rich posts (we have over 55,000 posts on there on all aspects of property investment). Ask questions. Contact our resident property experts for help and guidance and…

I hope to be highlighting one of your deals in an upcoming newsletter very soon!

I mentioned on the Tycoons forum recently that I am now going ahead with the purchase of a plot of land for a self build project. I will be living in the home.

I have looked at several builders to take on the project. The one that caught my eye is a German housebuilder called Huf haus. They have been showcased on the Grand Designs television program and have been awarded numerous awards for their eco friendly, energy efficient homes. Check out their website - http://www.huf-haus.com/gb/. If they can offer me a competitive price I will use them to build the home otherwise I will go with a traditional masonry build.

I’ve kept a detailed diary of all the various elements of the project which I’m really looking forward to sharing with you! There’s so much useful information in there. A few hiccups from theseller’s solicitors have delayed exchange of contracts so when that takes place I’ll be…

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