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Old 07-06-2009, 10:25 AM
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Default Raising money for No Money Down deals

Hi all,

I still see a lot about being able to create no money down deals, but each path I have explored appears to now be closed. The biggest hurdle is getting mortgage companies to re-mortgage on a purchase within 6 months of purchase.

How can I structure a no money down deal? There are plenty of cheaper properties in my local area that are being re-possessed and I know I am missing out. I really want to get going but currently after a dry spell of work don't have the funds.

I know this might be a 'sensitive' question, so PM me if need be.

Any help is appreciated.
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Old 11-06-2009, 04:30 PM
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Hi

I have been talking to a few companies about this in the UK recently. There seems to be a few deals about but some are now for overseas property too which surprised me.

Have you dealt with any reputable firms in London where the structure stills works?

Thanks
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Old 11-06-2009, 06:36 PM
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I don't know any firms in London, so no, I haven't dealt with any.
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Old 16-06-2009, 11:42 AM
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Ok- may have a look overseas for such deals as there seems to be more supply there. If anyone does hear of any such companies in London please let me know.

Thanks
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