Get rich quick starting with buying a house with zero down payment

The developer's office for Lianyang New City is located in a somewhat outdated office building at the back of the project. Compared to the luxurious and grand sales office, it exudes an undeniable sense of unease.

The walls were slightly yellowed, the edges of the carpet were rolled up, and the front desk was empty. A faint smell of smoke and instant coffee filled the air.

Su Wanqing waited at the elevator entrance. When she saw Lei Guoliang, she nodded slightly, her expression more professional and inquisitive than when she was at the sales office.

"Mr. Lei, this way please. Mr. Zhou is waiting for you in the conference room."

She led Lei Guoliang through the slightly messy open-plan office area. Several employees looked up, their gazes sweeping over the unfamiliar young man with mixed feelings.

Lei Guoliang could sense that there was a similar oppressive and anxious atmosphere in the room as in the sales office.

The meeting room was small, with a heavy mahogany conference table taking up most of the space.

Zhou Jianguo, a man around fifty years old, overweight, with deep eye bags, was smoking with his back to the door and looking out the window.

Hearing the noise, he turned around abruptly, a warm smile instantly spreading across his face, and quickly walked over to greet him.

"Mr. Lei! Oh, welcome, welcome! You are so young and promising, and a handsome man!" Zhou Jianguo gripped Lei Guoliang's hand tightly and shook it, his gold watch and large jade ring on his wrist dazzling.

"Please have a seat! Xiao Su, make some tea! Make the best Jin Jun Mei from my cupboard!"

Su Wanqing responded and went to make tea. Lei Guoliang sat down opposite Zhou Jianguo, his gaze calmly sweeping over the other man.

Beneath Zhou Jianguo's enthusiasm lay an undeniable exhaustion and anxiety; the bloodshot eyes and slightly trembling fingers betrayed the tension in his heart.

"Mr. Zhou, sorry to bother you." Lei Guoliang got straight to the point: "Time is precious, let's get straight to the point. I'm interested in the remaining 120 units in Buildings A and B, south-facing apartments ranging from 70 to 90 square meters."

But my purchasing method might be a little different from what you usually encounter.

"Please speak, Mr. Lei!" Zhou Jianguo leaned forward, pretending to listen, but a hint of wariness flashed in his eyes.

"First, the price." Lei Guoliang pulled a piece of paper from his briefcase, on which was a handwritten number, and pushed it forward: "The unit price is five thousand two. It's calculated based on the building area."

"Five thousand two?!" Zhou Jianguo's smile froze instantly, his voice rising to almost a scream.

"Mr. Lei! You must be joking! Our costs are much higher than that! The market price is over nine thousand, almost ten thousand! You're... you're practically slashing the price in half!"

Su Wanqing came in carrying a tea tray and happened to hear this. Her hand trembled slightly, and a few drops of scalding tea splashed out.

She forced herself to remain calm, placed the teacup in front of the two of them, and then silently retreated to the side and behind the conference table, standing with her hands at her sides. But her ears perked up, and her heart was inexplicably racing.

Lei Guoliang seemed to have anticipated Zhou Jianguo's strong reaction. He picked up his teacup, gently blew away the foam, took a sip, and then slowly said, "Mr. Zhou, the market price is the price sold to individual customers."

I bought 120 sets to help you solve your biggest inventory burden and recover your most crucial funds in one go.

This in itself is worth a discount. Besides," he put down his teacup, his gaze sharp as he stared at Zhou Jianguo.

"Is there really a transaction price of over nine thousand or close to ten thousand in the current market? As far as I know, the average transaction price in your area last month was less than eight thousand."

Besides, that's a mortgage customer. If it were paying in full, the price would be negotiable, right?

Zhou Jianguo's face paled. The other party had even gotten hold of their internal transaction data? He opened his mouth, wanting to refute, but was speechless for a moment.

"Secondly," Lei Guoliang said, not giving the other party a chance to breathe, "the contract price must be 9,500 yuan per square meter. Furthermore, we must go through a bank mortgage loan, with the loan-to-value ratio at its highest possible level, and the appraised value will be 9,500 yuan."

Zhou Jianguo was stunned, and even Su Wanqing next to him looked up in confusion. Buying at a low price and signing a contract at a high price? What kind of operation is this?

Lei Guoliang explained calmly, "From the bank's perspective, the house is worth 9,500 yuan, and the loan is about 70%, so the risk is controllable."

For me, the loan amount can cover my actual home purchase price, and there's even some left over.

"For you, a high contract price means better sales figures on paper, and it can also satisfy some... other needs." He gave Zhou Jianguo a meaningful look.

Zhou Jianguo was a shrewd man; he understood immediately. A high contract price could inflate the asset valuation, making it easier for him to raise funds later or... fill some gaps in his business.

But the key question is... "Mr. Lei, you're not making a down payment? You're relying entirely on loans?"

"Zero down payment. Let's use the zero down payment move-in promotion you're currently pushing," Lei Guoliang nodded and said.

"The loan is fully secured. The money goes into an escrow account. First, it's used to pay my actual purchase price. The rest," he paused, his tone clear and cold.

"Within three business days after the bank disburses the loan, the money will be paid to my designated account as a housing purchase discount."

See you in the picture!

Zhou Jianguo and Su Wanqing both gasped in shock!

They realized! This young man surnamed Lei wasn't there to buy a house at all; he was there to get something for nothing!

With zero down payment, borrow money from the bank that far exceeds the actual price of the house, and then take the huge difference!

The house, however, was held as collateral, and he was required to make monthly mortgage payments.

However, given the location and rent of Lianyang, if managed properly, the rent can definitely cover the monthly mortgage payment, and there will still be a surplus.

He acquired hundreds of properties and a huge sum of cash with almost no money!

What an ingenious and greedy design! And what terrifying audacity!

Zhou Jianguo broke out in a cold sweat. He was deeply shocked by the plan, but at the same time, he saw its immense allure.

The other party can help him recover tens of millions of yuan instantly, and in a legal way through normal sales and mortgage repayments!

This was like a godsend for him to resolve his imminent debt crisis!

But the price he paid was that he sold his most valuable core assets at almost cost price, or even slightly below cost, and he also had to cooperate with the other party in fraudulently obtaining loans...

"Mr. Lei... this... this operation, the bank..." Zhou Jianguo's voice was hoarse.

"We need you to coordinate with the banks, Mr. Zhou." Lei Guoliang leaned forward slightly, applying pressure: "You've been operating in Shanghai for so many years, you should have a good relationship with all the major banks."

I need you to contact at least twenty different bank branches. For each bank, I'll only process six sets. This decentralized approach reduces the target audience and makes approval easier.

The assessment company needs to be a reliable partner designated by you. You are also responsible for finding someone to handle the borrower's qualifications and income verification.

I can provide the social security and tax records from Shenzhen as a basis; you can handle the rest of the embellishment. All materials must appear flawless and legally compliant.

He clearly identified the illegal aspects and pinned the blame entirely on Zhou Jianguo.

He was just an eligible homebuyer who took advantage of the developer's zero-down-payment promotion and bought a house at a low price, nothing more.

What business is it of Lei Guoliang of what kind of communication exists between the developer, the bank, and the appraisal company?

Zhou Jianguo's expression shifted constantly as he struggled internally.

Lei Guoliang's plan was like a potent, highly toxic drug that could immediately alleviate his symptoms, but the side effects could be fatal. Without this medicine, he would die immediately.

Lei Guoliang observed his expression and knew the time was right, so he delivered the final blow. He took out the photocopies of the bank statements from the file folder and gently placed them in front of Zhou Jianguo.

"Mr. Zhou, this is part of my proof of funds. I also have other businesses in Shenzhen. I bought these houses as a long-term investment, because I am optimistic about the future of Shanghai."

I will rent it out diligently to cover the loan payments and will never default on the payments, causing trouble for you and the bank.

"For me, this is a business deal. For you," he paused, lowering his voice, but each word struck Zhou Jianguo's heart like a hammer blow, "this is a lifeline."

I heard the trust company's deadline is the 15th of next month? And the workers' wages seem to be two months overdue too? The court should have accepted the materials supplier's lawsuit by now, right?

Zhou Jianguo was struck dumb. He looked up abruptly, staring intently at Lei Guoliang, his eyes filled with fear and disbelief.