How to raise £600,000

Pate

Pate

Pate

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Out of curiosity, how would you go about this? Say you have a deal with someone that they will buy item X of you for £1,500,000. However item X is in the possession of someone who will sell it to you for £600,000 and your current sum of cash to your name is £1,000.....

How would you go about it, bearing in mind that if the person finds out the other person will pay £1,500,000 they will obviously cut you out.


Serious question by the way.
 
Ask the person with £1,500,000 to put down a £600,000 deposit for you to use. If it falls through, in theory, you will still have £600,000 to return to the original person.
 
Item X is actually worth £100,000 and the person in possession of Item X has a deal with the person who is willing to pay £1,500,000 for it to go 30/70 on the £600,000 you hand over and do a runner.
 
Kristoph said:
Item X is actually worth £100,000 and the person in possession of Item X has a deal with the person who is willing to pay £1,500,000 for it to go 30/70 on the £600,000 you hand over and do a runner.
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Pretty sure something like this was on The Real Hustle..
 
Kristoph said:
Item X is actually worth £100,000 and the person in possession of Item X has a deal with the person who is willing to pay £1,500,000 for it to go 30/70 on the £600,000 you hand over and do a runner.
Click to expand...

Haha.

Nah not the case.


edit: I don't really care to elaborate, suffice to say that it's a case of me having some inside knowledge about something else that makes what someone has more valuable to someone etc etc. Problem is I don't have the cash and time is running out til it becomes public knowledge. :(
 
kenmare said:
Out of curiosity, how would you go about this? Say you have a deal with someone that they will buy item X of you for £1,500,000. However item X is in the possession of someone who will sell it to you for £600,000 and your current sum of cash to your name is £1,000.....

How would you go about it, bearing in mind that if the person finds out the other person will pay £1,500,000 they will obviously cut you out.


Serious question by the way.
Click to expand...

You get a exclusive contract from the buyer, and one from the seller, then take them to an investor, like a bank etc....

If this was easy, we would all be doing it.
 
kenmare said:
Haha.

Nah not the case.


edit: I don't really care to elaborate, suffice to say that it's a case of me having some inside knowledge about something else that makes what someone has more valuable to someone etc etc. Problem is I don't have the cash and time is running out til it becomes public knowledge. :(
Click to expand...

You know, this sounds a lot like insider trading.
 
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