The great thing about deal closer is that we are investors our selves the benefit for you means we are up to date with all the creative strategies out there. This lead came into us and was unable to do the deal because after our research we couldn’t do the deal because there was enough equity in the property.
The property was only worth £225-£235k when originally he said it was worth £300,000 and the seller’s mortgage was £202,000.
So we agreed to buy it in five years time when the market had picked up. This meant our investors will make £33,000 instant equity and make £140 positive cash flow a month without event having to get a mortgage.
If you would like to hear the call on how we did this please request a copy of the recording at 0161 681 7328.