How to raise £600,000

If this seller is trying to sell the item, which must be pretty niche, surely they'd already have approached the company you're thinking would buy it? It's hard to believe a company could get the valuation of an asset so wrong, if it could really be sold for 1.5m.

Luckily nobody will lend you that sort of money, else you could easily end up bankrupt.
 
Is it a Barrel of oil ? :p

On a serious note, don't get greedy and just take a finders fee. You've more chance of getting something out of it.
 
MattU said:
If this seller is trying to sell the item, which must be pretty niche, surely they'd already have approached the company you're thinking would buy it? It's hard to believe a company could get the valuation of an asset so wrong, if it could really be sold for 1.5m.

Luckily nobody will lend you that sort of money, else you could easily end up bankrupt.
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Nothing wrong with going plop early in life as a result of a decent gamble. Its those who go plop for peanuts later in life that are the only true plums.:)
 
If I had the option of gaining a significant amount of money but wasn't sure how to proceed I'd speak to a lawyer and my accountant. I would not post about it on a computer forum so I'm calling bs on this.
 
Raising a silly amount to buy something which you *believe* you might be able to sell on for a massive profit to another person is inherently risky. Unless you're already dealing with that other person (which you're presumably not) you don't *know* that they definitely will buy from you for that amount regardless of whether they might from elsewhere.

You believe you have information that is valuable (for a short time) to the seller of this asset - you seem to know somehow that this seller is willing to sell for 600,000 and you know of a buyer who is willing to pay 1.5m. Your information is the only thing you have that is of value - you seem to want to use this information in order to speculate yourself with money you don't have whereas you have a much less risky and perhpas more feasible option - you introduce him to the buyer and he pays you a commission.

Your only outlay is getting a contract drawn up - rather than trying to raise £600,000 you don't have for your supposed sure thing that might still fall through.
 
So I have something that's worth (to me) 600k and you, a student, comes and offers me 600k. I say "oh gee, great, I can sell my 600k item/property/whatever to this student and everything will be alright, how lucky am I".

Of course, a student turning up with 600k for something that is legitimate is absolutely normal and not-suspicious (_NOT). Do you really think that if someone had something you think you can sell for twice the price and more, they wouldn't know exactly its value?

The only thing that it could be is some land that is undergoing some kind of planning permission change. Even in that case who says that your "buyer" will actually come through with the deal and you won't be lumped with the debt and the item/property/whatever.

If you are so dead sure about it you need to figure out a way to contractually bind seller/buyer into the deal with you as an intermediary without you required to raise any cash/debt or other obligation. In any alternative case or if the interested parties refuse to engage in such an agreement then you should realise you are being conned.
 
Approach company and say "Pay me a finders fee of 400k and I'll tell you where to get said item for 600k instead of £1.5m" (written into a contract before handing over the info of course). Oh and hope the seller doesn't find out that you helped yourself to such a large finders fee!

I too find it hard to believe that a company investing in such an expensive asset would have less knowledge of sources than a uni student.
 
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overclockers never fails to deliver with their stock traders, inside deals, professional poker players,beautiful russian/romanian girls met online dieing to be with computer nerds and royal mail rants about delivery post
 
franco_22 said:
overclockers never fails to deliver with their stock traders, inside deals, professional poker players,beautiful russian/romanian girls met online dieing to be with computer nerds and royal mail rants about delivery post
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Amazing isnt it :p
 
I had a friend who was a Prison Governor. He told me that whenever he spoke to inmates he found it amazing that the vast majority of them weren't Guilty. It's amazing that life's full of such strange quirks, isn't it.;)
 
I wonder if his knee caps are still intact, or if he's swimming with the fishes.

Come on update where are you!
 
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