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This is where the investor buys the property below valuation, not below the sale price. The valuation amount of the property is what the banks and lenders see as the properties value. If the property is purchased for below its valuation price, then less of the investors own money is used in the transaction.
This is where the investor buys the property below valuation, not below the sale price. The valuation amount of the property is what the banks and lenders see as the properties value. If the property is purchased for below its valuation price, then less of the investors own money is used in the transaction.
This is also called creating equity. The serviced clients of More Group Property and the clients of our mentoring program gain access to discounted transactions on a regular basis. The More Group Property Buyers Agency is able to negotiate bulk discounts with real estate developers to pass on to our clients. We help investors gain instant equity so they can continue to invest and buy more property.
Developers are often willing to sell at a discount when the property costs them more in interest to hold on to and wait for a higher price. They often prefer to move it quickly and sell it to our investors.
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