7 Ways To Buy Property In Australia For No (Or Very Little) Money Down

April 15, 2008 – 8:25 pm

We have had lots of requests for ideas about how to get started with “no money”.

So we hope this report helps …

The property market is constantly changing and evolving. As I type this, interest rates are rising and lenders are becoming cautious. That means that approach 6 in the report is harder to achieve (but not impossible!). It also means that there are more people who need help out there – maybe with a quick sale of their property before the bank repossess it – maybe with a smaller lump sum now and some increased income (so approaches 2 and 4 work well now). If you can find ways to help others, then you will find that you are helped too!

Many people will tell you that “now is a bad time to invest in property - interest rates are rising, repossessions are increasing, prices are going down …” And, while the facts may be correct, the conclusions may not be.

And that’s because of one small but vitally important fact … the most significant single reason why the few people who make huge money in real estate do so, is because they buy when prices are low!

Are prices low now?

Also, I wonder, are interest rates really that high … or are they still near all time lows?

I don’t know the correct answers to these questions. (In my opinion there is no correct answer anyway … just people’s opinions). What’s your opinion? And, can you use that opinion to make money?

I hope you enjoy the report.

Let us know what you think.

Ian

PS this report is titled “… In Australia …” – because that’s what we know about best. If you know how any of these strategies work in New Zealand or other parts of the World, then please share your knowledge in a comment below. Thanks.

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7 Ways To Buy Property In Australia For No (Or Very Little) Money Down

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  1. 3 Responses to “7 Ways To Buy Property In Australia For No (Or Very Little) Money Down”

  2. Thanks Ian , I finally have got around to read the contents,just the information i am interested in.

    By Tom Stead on Jun 17, 2008

  3. Thanks Ian , I finally have got around to read the contents,just the information i am interested in.
    Is your investment company the sevice provider as described on page 16 ?

    By Tom Stead on Jun 17, 2008

  4. Hi Tom,

    I’m glad the information helped!

    We have connections with two different Service Provider organisations that we can recommend:

    - Aviate source properties from selected developers and conduct a thorough review on potential properties (including obtaining independent valuations) and then pass on possible properties to their members. Membership is free. We have bought property through Aviate ourselves and have been very happy with their service. We are affiliates of Aviate. You can see the details of their latest properties by clicking here.

    - 21st Century Property Direct provides a similar service. This service is aimed at Homestudy members (but is open to non-members). Membership includes training as well as the property sourcing services. There is a fee for membership (reduced for Homestudy members). More details are available here.

    Ian

    By Ian on Jun 18, 2008

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