You Don't Always Need a Massive Deposit to Start Property Investing
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You Don't Always Need a Massive Deposit to Start Property Investing
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We explore whether you should buy property outright or use creative strategies like purchase lease options, rent-to-rent, and deal sourcing to build your portfolio. These alternative methods can help you overcome limiting beliefs about needing large deposits to get started in property investing.
• Traditional buying requires large deposits, stamp duty, and solicitor fees
• Creative strategies like purchase lease options require minimal upfront investment
• Purchase lease options work when sellers don't need immediate cash from their property
• Option fees can be as little as £1 or your first month's lease payment
• Properties can be acquired in 4-6 weeks versus 3-6 months with traditional buying
• Don't use creative strategies just because you can - ensure it's beneficial for both parties
• Building a toolkit of multiple strategies makes you a more effective property professional
• Strategies should match the specific circumstances of each property opportunity
Click on Education to Action below to join our community for just £1 and access our vault of property investment training, weekly coaching sessions, market updates, and free tools like our deal analyzers.
VALUABLE RESOURCES:
- My Property Investing Community called Property Education To Action, This is the best place to achieve your property goals and build the life you desire. https://educationtoaction.com
- You can learn and take action on your property goals for just £1
- Visit www.educationtoaction.com to explore free Property Ebooks and guides in Rent-to-Rent, Serviced Accommodation, Deal Sourcing, PLOs and more and also our FREE training masterclasses to help you generating a sustainable income through property.
- https://www.facebook.com/groups/816926952556608 to meet like-minded property investors and be a part of the community.
CONNECT WITH ME:
Facebook: https://www.facebook.com/mark.fitzgerald.7921
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