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Is it still possible to do No Money Down deals?
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  #1 (permalink)  
Old 10-06-2007, 11:03 AM
 
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Default Hello, another newby, eager to buy BMV deals

Hi everyone
This site is just what i've been looking for. I'm keen to make lots of contacts and learn more about bmv deals, which is a new venture to add to our portfolio when my wife and I move to Weymouth later this year.

Ready made deals seem a good way to go, and we don't have an issue with paying say a £10k fee if it stacks, but I have a couple of questions -
1) What happens if I pay for a deal, then go and inspect the property and find major structural problems, cracks, subsidence, that sort of thing? Would the seller refund?
2) What happens if the vendor doesn't disclose all his debts or there turns out to be a charge on the property?

As you can see, we could do with some hand holding, maybe we can find a mentor here? Is anyone willing to talk us through a deal they have done?

Are there any property meets in the Herts/Beds/Bucks area? We go to the Berkshire meet - fantastic. We come away buzzing every time! Hi Juswant and the gang.

Great site - looking forward to meeting fellow property tycoons and doing our first BMV!!
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  #2 (permalink)  
Old 10-06-2007, 09:54 PM
Juswant Rai's Avatar
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Default

Hi Pete,

Great to see you on here.. lots of questions, you may get a better response by posting the questions under 'General Chat'..

Have you tried to PM admin directly with your questions about the 'ready made deals'?

Looking forward to seeing yourself and Heather at our next meet on the 18th
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  #3 (permalink)  
Old 10-06-2007, 10:14 PM
 
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Hi Pete,

Welcome to the forum.

there are lots of people on here to answer any questions


Satnam
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  #4 (permalink)  
Old 11-06-2007, 03:57 AM
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Hi welcome to the forum

Regards Brian.
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Old 13-06-2007, 06:11 PM
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Hi Pete,
Welcome to the forum
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