Created by Rob Moore and Mark Homer, No Money Down is an information product that introduces you to a number of ways of raising money to build your property portfolio.
What is the product?
Coming over 6 CD’s, No Money Down is a pretty comprehensive guide that shows you how to own property that is making you money, without having to spend any of your own. Coming from Rob Moore and Mark Homer, No Money Down is naturally a Progressive Property product and as such it follows a format that will be familiar to anybody who has used their products before. No Money Down is primarily based around things like joint ventures and ways of getting mortgages, that is to say, creative methods of financing your property portfolio.
There are 11 of these strategies that I shan’t detail here as well as a blueprint style section on how getting as much money as you need to buy as many properties as you like (according to Rob Moore and Mark Homer). No Money Down comes with a number of different bonuses, mainly samples from other Progressive Property products however one of the big ones is two free tickets to Multiple Streams of Property Income Event, an upcoming live event in Peterborough hosted by the creators of No Money Down.
What is the investment vs. the rate of return?
No Money Down is currently being offered at a discounted rate of £49 (plus VAT) which is down from the usual selling price of £149. It is worth mentioning at this point that the free tickets to Multiple Streams of Property Income Event are also claimed to have a combined face value of £782. There is no money back guarantee mentioned which is typical for a Progressive Property product and unfortunately, this isn’t covered by long distance selling regulations either. In terms of the income potential for No Money Down, this is a very difficult thing to look at. Rob Moore and Mark Homer don’t make any real claims about how much you can earn using their methods and the reality of the property market is that there are so many variables it can make an educated guess very difficult.
Does the product provide value for money?
Depending on where in your property portfolio you are depends on whether or not No Money Down will present value for money I feel.
Conclusion
In so much as you can label products like No Money Down as being for beginners, I don’t think that this falls into that category. There is plenty of information on offer an I feel that the majority of it is workable however you really need assets or some capital you can leverage to really make the most out of No Money Down. That isn’t to say that every option would require this however it is something that is worth keeping in mind. As an interesting aside, the free tickets that are being offered to people who buy No Money Down can actually be obtained for free on the main website for the Multiple Streams of Property Income Event which can be found by searching for it on Google. In terms of No Money Down, if you have some experience with property and are struggling to grow fast enough then No Money Down is worth looking at but if you are starting out, I would personally look elsewhere.
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