Property Mentor Investment Questions

The following question was recently submitted to our property experts by an individual looking for advice on how to deal with their property let. If you have got a question regarding your tenancy/property, contact us now via the link to the right.

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Q: How To Invest With No Money?

I am a mature student with a pretty low income, can I still invest in property and if so how do I gain finance?

From Joshua Pike | Birminham | 21/06/2010 | Landlord

A: The great thing about buy to let is negotiate the right deposit off your investment, and your property can essentially pay for itself.

Say for example you want to invest in a property using a 75% LTV. If you can successfully negotiate more than 25% off the properties property price, not only can you invest No Deposit Down, but this discount can also count towards your legal fees.

I thoroughly recommend utilising a broker to help negotiate this discount, as they can also help you to receive the best buy to let deals and handle your legal fees. Similarly, attending a property course can help you to acquire the strategies you need to find the best cash flowing properties on the market.

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