I have been looking in to creative ways of raising finance to get that all important down payment that a lender likes to see.

 

I have always said one of the best ways to raise money is to sell off obsolete assets.  So if you have a flash car or a Rolex watch or something else which has a certain bling then you could sell it off and put the money to use.

 

I have found an alternative which is not so extreme.  You can pawn it!  I have found a site which will lend to you at 4% per month and lend you twice as much as a high street pawnbroker. 

 

So lets say you found a deal that you needed £5,000.  You would end up paying £200 per month for the loan for as long as it is outstanding.  If you had to wait the 6 months to allow you to remortgage you would be looking at an interest cost of only £1,200.

 

So if you think you cannot get in to a deal because you do not have funds think again.  There are some excellent ways of raising short term finance which work out cheaper than bridging once you take in to account legal, arrangement and exit fees.

 

So gather your goods, raise some cash and make some money!

 

VIEW PAWN SITE NOW

 

Ajay

Posted on: 8th May 2010