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How to Buy UK Property with NO MONEY | Samuel Leeds - YouTube

Channel: Samuel Leeds

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samuel leeds here i hope you are guys

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and in this video i'm going to share

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with you

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four ways that you can buy property

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without using any of your own

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money so if you want to buy houses with

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no money then stay tuned

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[Music]

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okay so the ways i'm about to describe

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to you how you can buy properties

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without using

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any of your own money firstly i want to

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say that i have done

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all four ways so this is not stuff that

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i'm talking about this is not theory

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this is actual practical

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uh i've been there i've done it not only

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have i done it but i've helped

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dozens and dozens of other people do it

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as well by telling them what i did

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so this is you know real life stuff

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sometimes people say to me you can't buy

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houses with no money

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and i respond you're absolutely correct

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you can't they can't because they don't

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believe they can so i think the first

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step is just being open-minded

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people have been buying businesses with

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no money for years using you know

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all kinds of different uh agreements so

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i'm gonna share these with you

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and you can either you can be one of the

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people types of people that say oh i

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don't believe that's possible that's too

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good to be true

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and right kind of stuff in which case

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that's fine maybe don't even continue

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watching any more of the video

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if you don't want but you know if you

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think that's fine or you can be someone

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that's just a little bit open-minded in

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which case this could happen for you so

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here's the first way number one is

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lease option agreements now a lease

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option agreement is

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basically where you buy a property today

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but you pay for it later so you could

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almost say it's a little bit like the

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owner

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has given you a free loan for say five

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years

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when it comes to the end of the option

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agreement you don't have to buy it you

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have the option not the obligation

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and in all that time and this is what

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just blows my mind of how good lease

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options are because i've got many lease

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option agreements

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so say you buy it today but you pay for

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it in five years you're not putting

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anything down today

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okay you might you might have to pay for

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the solicitor fees but you've not

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actually put any money in for the

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property at all

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and you're getting immediate cash flow

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and

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as the house goes up in value you're

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gaining from capital appreciation so

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it's just a fantastic way

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of getting your foot in the door owning

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properties and doing this

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starting out with no money if you want

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to learn more about lease option

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agreements i have done other videos

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about this but

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it's one of my favorites number two is

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joint ventures now a joint venture is

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where

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two people come together they usually

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will bring fifty percent of

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value and they will put fifty percent of

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value together

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to do a venture a deal if your venture

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is property and you're buying a property

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and you'll do this as a joint venture

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with somebody else

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you've both got to bring 50 50 value but

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you haven't necessarily got to bring 50

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50 money

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your value could be something that is

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not actually cash

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your value could be you're bringing the

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deal to the table

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you could be bringing your knowledge the

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power team

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the overseeing of the project there's

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loads of things that you can bring

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to the deal besides cash if you

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find a joint venture partner who has

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cash but that's it

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i have nothing else they can't go on to

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be successful

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without you you tell them look

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you put the money in we'll put the time

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and the energy and the knowledge and the

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team and all that

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in and then we'll go 50 50 on the

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profits

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effectively you have bought a property

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without using

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any of your own money joint ventures

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absolutely fabulous way to do it now

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it's really

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you need to be really careful if you do

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a joint venture partnership

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that you you have clear expectations and

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clarity

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so you know what's what in case it's a

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case of you said this no i didn't so you

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need to have proper contracts drawn up

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and a clear understanding of what you're

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both bringing to the table but joint

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ventures is an incredible way to get

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started with no money

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and for that you can't be successful in

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property

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with no money no time no creativity

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no implementation of course you need

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something you can bring something to the

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table but it doesn't have to be money

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number three different to joint ventures

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this is using other people's money

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if you know how to buy a property and

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make a 20

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return on investment you also know

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someone who's got a hundred thousand

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pounds

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sat in the bank doing nothing you could

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borrow their money

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to buy property give them a fixed return

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so you could give them five percent ten

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percent return on investment on their

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money which is way better than the bank

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and then any extra you're going to keep

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yourself and you've also obviously got a

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free property

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so it doesn't have to be your money you

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can use somebody else's this is very

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different to a joint venture because a

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joint venture

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has a stake in the property other

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people's money number three that could

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also be

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the bank's money you could get a bank

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loan to put down to buy a property it

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doesn't matter where the money's come

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from it's just it's someone else's

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besides yours

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so it's a case of tapping into money i

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have personally

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myself i'm not recommending this but i

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have bought

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properties on credit cards i've

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literally

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gone to the bank with credit cards maxed

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out

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and used the cash to put down deposit on

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properties

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and then switched the debt on the credit

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card over to a zero percent credit card

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so i'm not even paying interest on the

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debt that's other people's money you've

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got to be careful doing this because you

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need to know what you're doing you don't

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want to borrow money from friends and

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family and and

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and then screw it up but if you know

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what you're doing and you understand how

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to buy properties

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i think using other people's money is a

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much smarter way of using your own

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because you've you're going to get an

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infinite return on investment that way

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and number four of how how to buy

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properties and own properties

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without using any of your own money is

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by buying a property

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adding value to it and then refinancing

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the property you don't even need much

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money

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to start with because you can get a

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bridging loan some of my students are

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doing this right now as we speak

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very successfully whereby they're buying

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properties they're borrowing

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all the money on a bridging loan to buy

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their property they're then adding value

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to the property and again borrowing

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money to do that

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so the whole thing they're borrowing

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people you know banks money to do it but

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then when the project is completed

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and they've added value they're then

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refinancing the property on

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with a new lender and the money that

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they get they're paying off all the

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loans and then they've got now got a

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property that they've put none of their

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own money down for

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i mean you might end up leaving a little

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bit of money in if you do it right you

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can leave no money in i've done this

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successfully uh

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several times where i've left no money

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in with buying and refinancing

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on bridging on bridging loans that's

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just four ways that you can

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buy properties without using any

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of your own money i hope that's been

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inspiring i hope that's been helpful

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if this has opened your mind up or this

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has really got you thinking then why

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don't you

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do your friends and family the favor and

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share the video around and open their

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minds up too because i'm on a mission

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to really open up people's minds and to

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get people out the old way of thinking

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which is save up put money in a bank

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work really hard put a deposit on a

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house

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that old way of thinking which is

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leading to people buying their first

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house when they're in their 30s and 40s

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which it really doesn't need to be like

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that so i'm on a mission

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share the mission share the video thank

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you so much i love you very much peace

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out thank you so much for watching if

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you benefited from that video please do

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share with your family and friends for

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