If you’re nowhere near being in the position to buy properties outright, read on - there’s a way you can benefit from all the advantages of being a cash buyer, without having a huge wad of cash.
Cash buyers have advantages:
AND THE BIG ONE
If you’re paying cash there’s always a deal. If you have a motivated seller, cash is manna from heaven for them. No paperwork, no delays, just a big cash injection in their bank account - to let them get on with their lives and get the property headache off their hands.
Still wondering what this has got to do with you?
If you have saved a few thousand cash buyer territory seems like a distant dream - but it doesn’t have to be. You don’t need a bottomless bank account to buy like a cash buyer. You just need to know how to get the right funding.
I’m not talking about a mortgage - at least not at this point. I’m talking about bridging.
Bridging finance is a great way to fund your property investments. At least, if you have the right bridging lender.
Here’s how it works:
Then all you have to do is to either refurb and either sell or remortgage at full market value.
Yes, bridging has higher interest rates than a mortgage - but you’ll make far more profit than your costs when you can operate like a cash buyer.
Want to know how? Check out the Ninja Investor Programme.