ask away

Ajay · Member

ask away

ANT · Newbie

So..... Lets get some BMV value deals in North London!? COuld be worth highlighting the BMV deals by location?

cheetster · Newbie

Hi Ajay,
nice to speak to you, I have been following you for around 12 months now via you news letter, very very informative they are too!.
Not the best post for a new BUYERS forum but the on thing that you have not covered ( as far as i`m aware?) is an exit route?
I currently have a portfollio of 10 properties, all with around 13years to go on mortgages. it`s a long way off yet and more buying to do, but what happens when the mortgae comes to an end and i have to repay the company/ should i selll the worst performing and buy outright the bset properties for an income on top of my pension? or can i still keep the houses (remortgage as a company maybe?) and pass to my 2 boys. i will be 65 by this time.

Cheets

Date: Nov 18, 2010

Hi Ajay,

Can you really tell us the one legal way to do the no money down deals as i tried with a lender and they would not allow it as the solicitor had to disclose the vendor deposit. I am a mortgage broker so have to watch my position.

Robbie · Newbie

I second the question asked by Gumdrops - can this legally be done by disclosing the actual purchase price?

Ajay · Member

will inform my team! ajay

Ajay · Member

gum drops and robbie:

have a read of this:

http://www.ahuja.co.uk/free-resources/financial-help/

this will answer all your questions.

-- Edited by Ajay on Thursday 18th of November 2010 05:29:06 PM

Date: Nov 18, 2010

well i have asked how it is done, still no reply

Ajay · Member

cheester: remortgage the debt and keep on buying is my advice.

-- Edited by Ajay on Thursday 18th of November 2010 05:28:36 PM