How To Find Cheap Properties For Sale In Singapore
According to Robert Kiyosaki, you should make money the very moment when you buy a property and not when you sell a property and hope to make a profit. This also applies to properties for sale in Singapore. 
Any Tom, Dick and Harry can buy a property and then pray and hope that the property will go up in prices over the years. You don’t need an agent to do that for you . However, if you want to make a profit immediately when you buy a property in Singapore , you need to look for owners who want to get rid of their properties quick .
I will reveal the secrets to find desperate sellers in this article . In fact, this happen to my good friend Peggy. She and her husband are looking for a landed property in Lentor area and most of the properties are selling for $x amount of dollars.
However, there is this corner terrace house which have a bigger land area than most of the houses in the area, but are willing to let go at 10-20% lower than what other houses in the same place offered. At first, Peggy was surprised and thought this is some kind of scam or tricks to lure the buyers in and then raise the price, or there is something wrong with the terrace house.
Upon further investigation, it was found that there is actually “some problems”, but the problem is not with the physical terrace house, it was perfect….. the main problem were the owners… They are going through a divorce and want to sell the house as soon as possible and goes their separate ways to end the emotional pain….
Therefore, the owners are willing to let go at a lower price than what the market wants…. and without further thinking, my friend Peggy bought the house. If She were to flip it and resell to the market, she can easily make $100k in matters of months. This is just one of the common example of distressed properties.
If you want to buy property with no money down, here is what you can do. Find a property to buy and try to get a discount from the developer who will be willing if you just ask. Assuming the original downpayment is $100,000 and after the discount becomes $75,000. Now just get 3 friends to invest in the property by making the remaining downpayment of $75,000 and the 4 of you have now owned the property without you coming out with a single cent.
In my FREE Ebook, I will share more secrets on how to find properties for sale in Singapore with no or little money for the downpayment.