For those of you who have read my book “Property Magic” and put the strategies into practise, you will have realised that chapter 2, which talks about same day re-mortgages, is already out of date due to changes in the mortgage market over the last few months. This is rather frustrating but as a short term solution
last night I gave a presentation at the Northern Property Meet (which this month was in Leeds) at which I shared the shared 4 strategies which could be utilised right now to purchase properties below market value with out the use of same day re- mortgaging. Three of these strategies potentially allow you to legitimately remove your original deposit form the property at some time after purchase, and one strategy where you leave money in the property (but not necessarily your money).
I believe the presentation was very well received such that I have decide to make a short video which will be available to all pin members on line providing a full update as to how BMV properties can now be purchased with out same day re-mortgages.
There are a number of people charring investors to join their club to gain access to their “special” way to finance BMV deals, but in my opinion most of these methods are too creative and will only be available for a short period of time so it is best to keep you money and I will give all property investors network members the information for free. Watch this space for details of this on line video which will be released soon.
If you would like to see this presentation live I am speaking at a number of events over the next few weeks at which I will be sharing the information.