Many years ago, two people of identical age were renting similar houses. They were very much alike and both desperately wanted to buy their own home. Both people were on good incomes and could qualify for a bank loan, but unfortunately found it very, very difficult to save enough for a deposit. It seemed that the harder they scrimped and scrounged for a deposit, the faster house prices seemed to move up, up and out of reach.

10 years later these two people met up to see how each was going.

They were still very much alike. Both were happily married. Both had two children. And both it turned out had built a property portfolio.

But there was a difference.

One of the people owned their own home and an investment property. The other lived in a beautiful home by the water and had retired on passive income from their 20 investment properties.

What made the difference?

The second person, the one who had retired, got started in property from the get go. They were lucky – did not need a deposit to get started in property.

So where can you find a no deposit down property? Right here…

Seller will finance deposit – up to 20% property price!!!

In fact, we can offer you no repayments for up to 3 years if you’d like.

Nice 4 bed, 2 storey home in Blackwater.

Currently rented to BMA for $1955 per month until mid-July 2014.

All living / bedrooms are upstairs – downstairs is legal height and essentially a blank canvas. Massive potential to improve the house’s value and rent by turning downstairs into a separate residence or simply additional bedrooms.

Or turn into a nice residence?

Is $850pw sustainable long term for one residence? What will happen when Arrow Energy’s Coal Seam Gas exploration / development kicks off? What about the Minyango project located 1km from town with a scheduled 500 FTE workers to start construction in 2014? Will the falling Aussie dollar boost our coal and coal seam gas exports? What will happen after the election? Who knows??? The market – like all markets – could go up, down or sideways.

The opportunity with this property is you can use your money to renovate a new, separate residence downstairs instead of your money being tied up with the banks – two income streams, one property.

Take control of your property and what it can do for you, rather than hoping and praying it will workout or being resigned to a single income stream property. Secure the downside risk, maximise your returns on the upside.

Happy to have a chat and put together something that will work for both of us.