“Can I really (and I mean really) buy a property absolutely no money down? If so what’s the catch?”

I get a lot of emails from property investors on buying investment properties using as little of their own capital as possible. I’m going to cover this topic in detail in this month’s newsletter.

The answer to the question is (as you might have already guessed) is “Yes of course you can – you just have to know how it works”.

We do no money down deals all the time for our own property purchases and for our clients too. The catch is this: you will find it easier to achieve a truly no money down deal if you find and purchase a property at least 17% below market value. So that would mean buying a property worth £100,000 for £83,000 or less.

“Why should I purchase below market value?”

The key to doing no money down property deals lies in the equity that you get in the property when you buy. In the example above you would have £100,000 - £83,000 = £17,000 000 in equity in the property the day you buy it (ignoring costs to keep the numbers simple).



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Every month I send our Property Tycoons Community Gold, Gold + and Gold VIP  members my ‘book of the month’ as part of their membership of my Book Of The Month Club. I also include my review of the book to help Gold members understand why they should read the book, the lessons to be learned and how best to use the book to help Gold members reach their goals.

This month I’m sending my Gold members a property investment book with a difference.

The author Frank Mckinney is a developer of exceptional very high spec homes in North America. 

Frank started off in the real estate business buying and selling cookie

cutter residential investment propertie. 21 years later he is about to sell one his latest creations for… wait for it… $135,000,000!

Armed with a unique look and a willingness to attempt what others don't even dream of, Frank McKinney has truly earned his nickname of the "daredevil developer," and the "real estate rock czar", defying both conventional wisdom and the predictions of others to achieve success on his terms.

As well as my recommended ‘book of the month’ Gold members also get an audio CD of me grilling the Property Tycoons community member of the month sent to them in the post each and every month.

The member of the month is picked by the other Tycoons community members largely based on how helpful the member has been on our Property Tycoons Community forum (www.tycoons-forum.com) - check out our back page to see who our members chose as our member of the month this month!

Gold members are also able to upload and download an unlimited number of documents, images, audio, video and software from the FREE Downloads section of the Property Tycoons forum.

To learn more about Gold membership check out:

http://www.property- networking.com/ memberships.htm