So how does it work?
we can show you the steps to building a very profitable property portfolio without having to use any of your own capital. This is a truly genuine opportunity once you have done one with us you will realise how much money you can earn it is endless.
we have the properties available we have the finance services available too all you need to do is contact us and we will show you how to CREATE WEALTH for your self.
How it works
The procedure is very simple we source and supply you with below market property.
Typically you will be saving 20-40% against market value.
The Example below demonstrates this fact:
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An Example of a typical Below Market Value Property Deal |
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Discount:
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36% Below Market Value
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Area: |
Selby, Yorkshire, YO8 |
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Property Type:
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3 Bed Semi Detached, Central Heating, Double Glazing, Garage.
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Purchase Contract price:
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£80,000
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Property Valuation:
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£125,000
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Equity in property:
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£50,000
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Below Market Value:
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36% Below Market Value |
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Rental Status: |
Property is already tenanted
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Rental Income: |
2 Year Rent Back @ £550 per mth, Year 2 - 5% increase.
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We charge £10,000 assignment fee (right to buy this property)
Based on the current rental income on this property you can borrow on a Buy to Let
mortgage a maximum of £110,000.
Therefore:
Contract purchase price £80,000 - BTL Mortgage £110,000 = surplus £30,000
Even after paying our assignment fee of £10,000 you are still left with £20,000
and a property which is paying for itself. YOU HAVE NOT PUT ANY MONEY IN TO THE
DEAL YOU HAVE ACTUALLY MADE PROFIT STRAIGHT AWAY.
We have our own in-house finance services who will handle all the appropriate documentation
and arrange the finance for you.
(you will need to consider solicitor costs and bridge fees of approximately £2000-£3000).
If this is something that interests you then please email
info@cre8ingwealth.com with your full contact details so we can discuss
the opportunity further.
View our current Below Market Value Properties For Sale