In this episode, we discuss contemporaneous settlements and how you can use someone else's money in order to make more money in property.
A contemporaneous settlement is where you are able to buy a property and then sell it on the same day ... and what we mean by that is you have two settlements occur – you settle on the first property with you as the purchaser, and then you settle on the property again as the vendor – all on the same day.
This is an advanced property investment strategy, that can be very useful in very specific situations. There are also a few fishhooks to keep your eye out for.
We also mention the No Money Worries Email Course, where you can get our top 9 lessons on property investment, absolutely free.
The Property Academy Podcast