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No Money and You Want to buy Property

Posted by Wealth and Inspiration Thursday, August 12, 2010

Don’t get seduced by ridiculous “no money down” schemes – they’re not worth it.

Even if you do find a scheme that works (and we do have access to schemes that suit some deals) you may find that
you have equity stripped your property.

The answer is to find the money.

So why would somebody give you a shed load of money?

Well funny you should ask that. The issue here is skill v. money.

The most important question you should ask yourself is:

Are you Cash Poor but Skill rich?

Or

Are you Cash Rich and Skill poor?

If the answer to this question is ‘neither’ then you need to rethink.

If you are cash poor and can learn a skill – eg. sourcing properties, then you will be able to find the money.

So learn a skill. Learn how to source property for yourself or for others and set up a marketing machine and make it work for you.

One of my friends recently set up a leafleting servicing business to help her cash flow and get free advertising for her own deals.

So there are tons of things you can do.   Start right now by thinking outside the box.

Barry Danser

Info@barrydanser.com

07966262898

 

Posted via email from barrydanser's posterous

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