How can i get into Buy to Let property with little or no money?

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One of the best ways to invest in property with little or no money down is through vendor financing. Vendor financing is when the seller either lends the buyer the funds to purchase an investment property, or the completion is delayed after exchange by up to a year. Many people who are selling their homes are simply fed up with trying to get the right buyer and just want out of the deal. This is especially the case if they are in negative equity or are in need of the funds for other reasons. I often deal with ‘accidental landlords’ – those who through circumstance have had to rent out their property, and need to get rid of it as a result. Vendor Financing is a very simple process whereby the buyer guarantees payment or, as mentioned before, delaying completion after exchanging contracts.

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How can i get into Buy to Let property with little or no money?

  1. 1. David Humphreys How Can I Get Into Buy To Let Property ? With Little Or No Money One of the questions that many would-be investors ask me is ‘How can I get into buy-to-let with little or no money?’ There are so many people out there who want to invest in property and start building a portfolio, but simply don’t have the money to get started. However, it’s not the end of the road because there are options and strategies you can employ to get your foot on the property ladder and start investing in property for financial freedom. Click To Listen To The AudioMany people in recent years have beenvery disheartened by the lack of returnin savings and also pension funds.This leaves them wondering how tomake money for their future, thelifestyle they want and eventually acomfortable retirement.Young people don’t seem to show the caution that seasoned inves-tors do, so they are the ideal candidates for buy to let propertyinvestment.They are more likely to take considered risks which, when it comesto property, often pays off. www.david-humphreys.com
  2. 2. David Humphreys How Can I Get Into Buy To Let Property With Little Or No Money?One of the best ways to invest in property with little or nomoney down is through Vendor Financing. Vendor financing is when the seller either lends the buyer the funds to purchase an investment property, or the completion is delayed after exchange by up to a year. Who Can You DEAL With?Many people who are selling their homes are simply fed up withtrying to get the right buyer and just want out of the deal. This isespecially the case if they are in negative equity or are in need ofthe funds for other reasons.I often deal with ‘accidental landlords’ – those who throughcircumstance have had to rent out their property, and need to getrid of it as a result.Vendor Financing is a very simple process whereby the buyerguarantees payment or, as mentioned before, delaying completionafter exchanging contracts. www.david-humphreys.com
  3. 3. David Humphreys How Can I Get Into Buy To Let Property With Little Or No Money?Joint VentureAnother option is a Joint Venture. This is a fantastic alternative, asit allows you to buy a property with a partner whereby one of youhas the inclination and know how, and one of you has the funds!A cash rich investor may want to get involved with property invest-ments but don’t have the time to do the due diligence on the prop-erty.They may also want to have a buy to let portfolio but don’t wantthe hassle of being a landlord and dealing with the admin involved.It’s really about matching the right funds with the right skills toenable you to find and manage a successful buy to let property.A lot of people are turning to the ‘Bank of Mum and Dad’. Lendersare still enforcing strict lending criteria, and this won’t change anytime soon. Many people find that their parents are helping them toinvest in property or get a foot on the property ladder.Lastly, another option is to release equity. This allows you to usethe money you initially invested or the funds you have built upover time to invest in your next venture.Whatever method you choose, it’s important to get the right ad-vice. Listen to David Humphrey’s audio to find out more about howto buy property with little or no money, and to hear about his per-sonal investment experiences. www.david-humphreys.com
  4. 4. David Humphreys has over 40 years’ experience in buy to letand Property Auction consultancy & training, covering all aspectsof buy to let investment, purchasing through auction andresidential investment including portfolio health checks,investment training, investment strategies and one-to-onementoring.With his network of Investor Consultants, he provides the essentialtools required to help make your investments safe, secure andprofitable.David helps investors recognise opportunities, whatever themarket conditions. He offers free investment information throughwww.david-humphreys.com as well as consultancy services,seminars, workshops plus an armchair acquisition/investmentservice.ContactTo contact David to discuss how he can help you in your buy to letproperty investment strategy or purchasing from auction, pleaseemail him at david@buy-to-let.com or call him direct on 0800 8654311. www.david-humphreys.com

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