If not you should!  I suspect the reason why you have subscribed to my newsletter is not only because you have an interest in property but also an interest in making money. The Dragons’ Den concept is very similar to the property investing concept.  The Dragons (being wealthy successful business people) decide whether they invest their money in your business or not. 

The Dragons have to decide:

1. Whether your idea/product/existing business is any good
2. Whether YOU are any good
3. Whether what you’re offering in equity represents a fare risk/reward trade off for the money asked

If they can answer YES to all three questions above you get the money!  The same way when we go to get finance from a mortgage company they check:

1. Whether the property is any good by getting a survey
2. Whether YOU are any good by doing a credit check
3. Whether you have a deposit to put down and at what ratio it is to the property price. 

The less you have to put down the higher the risk the lender takes. I want you to examine question 3.  I have been talking about 100% financing over the past couple of weeks because I have found lenders that are offering this.  This is where you put no money in and the lenders put all the money in. These lenders I think are CRAZY!  The lender takes on ALL the risk.  They will get their finger’s burnt it’s just a matter of time.  The key is to GRAB THEIR MONEY NOW!  I cannot emphasis this enough.  100% financing for investment NEVER works for the lender but makes some people VERY VERY rich who have no or little money at the start just like me.

To get 100% financing CONTACT MY BROKER.

Watch all the programs of Dragons’ Den.

Ajay.

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Posted on: 26th February 2008 @ 14:01:00