Welcome To SingingPig.co.uk

I currently have property in the following areas with discounts ranging from 25% to 45% against current RICS valuations:

·          Littlehampton

·          Worthing

·          London SE19 & NW11

·          Maidenhead

·          Nottingham

·          East Grinstead

·          Wakefield

·          Derbyshire

·          Manchester

·          Leeds

I also have fully ‘packaged’ deals in Wigan & Salford.

Each and every deal is exclusive, you won’t find them anywhere else!

Many of the deals will have irrevocable authorities which will guarantee the discounts offered.

No Money Down & Low Money In options are also available.

All of my properties come directly from the vendors, there’s no middle men and no third parties.

I deal directly with a select amount of private clients and am now looking to take on a couple more by the end of the year. My clients range from respected property investors to couples looking for their first purchase.

By working with a small amount of investors, I’m able to provide a bespoke service, helping you not only purchase the property but also manage the conveyance, the refurbishment and rental when required.

For further information on any of the property mentioned above, please email julian@pureacquisitions.co.uk

Hi Julian,

Been signed up to Pure Acquisitions for over 6 months now and not been offered deals anything like these. Please get in contact with myself or Edwin on 020 8940 9556 and prove me wrong moving forward!

Scott

45% BMV? Now why oh why wouldn't you take that for yourself and flip it?

Rich

phatface:

45% BMV? Now why oh why wouldn't you take that for yourself and flip it?

Rich

............ which is clearly a damned good question !

I wonder if it will receive a damned good answer ... or even any answer at all

How about... 

Some people don't WANT to own property, but see a good revenue stream from sourcing leads.  Perhaps a person who's got strong marketing/sales skills.

Some people CAN'T buy property because they are not able to obtain a BTL mortgages.

If it was a GENUINE 45% discount I'd expect you to make a MUCH better income stream by flipping properties.

If I couldn't get a mortgage I'd be looking for a mortgage host or an investor. A piece of cake to get an investor on board with a 45% discount as bait methinks.

Frankly I'm puzzled. 

Rich

Rich,

What do you mean by flip?

A person sourcing deals is pretty much flipping based on how I use the term. Anyone who is brokering or otherwise trying to make money without actually buying/holding.

John Corey 

Hi John, I'm aware that the term 'flipping' originated in the US where the legal and cultural landscape is somewhat different. I believe that there it refers to negotiating a deal and then selling on the deal at a higher price to someone else, for instance thru an option agreement, without ever owning it yourself.

In the UK, without much public familiarity with option agreements involving third parties (as yet), in general parlance the term means buying and then immediately selling on the deal to someone else. It might come to mean something similar to the US version in time, if options to buy properly take off, or aren't regulated into oblivion because of the abuse which is already taking place.

I feel that taking a fixed commission is different to flipping as the commission necessarily has to be relatively small compared to the price difference between price paid and OMV. Unless it's a very poor deal of course. It's my honest belief that most 'BMV deals' offered here and elsewhere aren't that great once you subtract transaction and finance costs and time, what you term 'friction'. It's also my honest belief that if proper due dilligence is done, many (most?) 'BMV deals' offered are nothing like as BMV as advertised. This belief is rooted in the experiences of my investor friend as described here.

I hope that clarifies the situation. 

Rich