W
WebBoard
Guest
From: Mike .
Buying Property With Virtually No Money
From: Jonathan Davies
Date: 7/9/00
Time: 11:16:03 PM
I spent 4 days learning how to buy property for $500-$1000, purchasing it $40,000 below the market, obtaining bank guarantees on your rental income, eliminating most of your stamp duty, how to get developers to guarantee their work, how to get Real Estate Agents to get maximum results and how to trade property for returns of 1000%. It was the most powerful program I have ever seen and the presenter Henry Kaye is the second most passionate speaker I've seen (after Robbins) and he is very specific in the details of how the whole system works.
I personally have a property using this system in St Kilda. I got it for $70,000 below the listed price, $22,000 worth of inclusions, bank guarantee for 5 years on the rental, paid $800 in stamp duty and purchased it with a deposit bond for $1000. That's how powerful this system is. When I settle on the property I will get 100% finance on 90% LVR, which means in the end I haven't put a cent into the property. Plus I will maximise the depreciation benefit an extra $50,000.
My goal is to have it either nuetral or positive cashflow. If you are serious about investing in residential property, then you must go to it. If you aren't satisfied with the course they have a better then money back guarantee (worst case get $800 for wasting your time).
Buying Property With Virtually No Money
From: Jonathan Davies
Date: 7/9/00
Time: 11:16:03 PM
I spent 4 days learning how to buy property for $500-$1000, purchasing it $40,000 below the market, obtaining bank guarantees on your rental income, eliminating most of your stamp duty, how to get developers to guarantee their work, how to get Real Estate Agents to get maximum results and how to trade property for returns of 1000%. It was the most powerful program I have ever seen and the presenter Henry Kaye is the second most passionate speaker I've seen (after Robbins) and he is very specific in the details of how the whole system works.
I personally have a property using this system in St Kilda. I got it for $70,000 below the listed price, $22,000 worth of inclusions, bank guarantee for 5 years on the rental, paid $800 in stamp duty and purchased it with a deposit bond for $1000. That's how powerful this system is. When I settle on the property I will get 100% finance on 90% LVR, which means in the end I haven't put a cent into the property. Plus I will maximise the depreciation benefit an extra $50,000.
My goal is to have it either nuetral or positive cashflow. If you are serious about investing in residential property, then you must go to it. If you aren't satisfied with the course they have a better then money back guarantee (worst case get $800 for wasting your time).
Last edited by a moderator: