Sunday, September 9, 2007

Buying Property with No Money Down – The Investors’ Holy Grail

It’s a common scenario. You’re stuck in a job you hate, the bills are mounting each month, everyone around you seems to be making money hand over fist in the property and real estate markets both in the UK and abroad. You’d love to start investing too, but there’s a catch – you’ve got no money. Well, here’s some good news. Due to the way that mortgage lenders work, the property business is pretty much the only investment that a non–professional investor can make that makes the most of gearing or leverage. Gearing and leverage are the two keys to the fast track for wealth creation. Basically, with property investment it means that you invest x amount (equivalent to say 10% of the cost of your property investment) and the bank or mortgage lender lends y View the rest of this article


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