Lin Yin wants to raise money, there is only one way, the same as last time - sell the house!

The two-bedroom apartment she lives in is 88 square meters, and the three-bedroom apartment she rents out is 106 square meters. If you rewind the time by a year, from the end of 2009 to the beginning of 2010, it is not difficult to sell, but in the period from the end of 2010 to the beginning of 2011, the second-hand housing market in Guangzhou is relatively sluggish.

In the first half of 2010, the State Council issued a new policy to increase the down payment ratio of mortgage loans for families to buy a second home to 50%, and no longer enjoy preferential loan interest rates, which largely curbed hoarding investment and speculation, especially the second-hand housing market.

There are also things that seem far away, but the impact is all around us. From the U.S. real estate subprime mortgage crisis that began in 2007 to the global financial crisis in 2008, it was slightly relieved, and then evolved into the European debt crisis in 2010.

China's investment stimulus policy, which was launched at the end of 2008, began to shift in mid-2010 and began a new round of macroeconomic control, with the real estate market, which has been deliberately promoted by local governments for several years and has been overhyped.

On the surface, housing prices have not dropped much, and those who can't afford it still can't afford it, but the rapid upward trend has stalled, and speculative demand has shrunk, especially in the second-hand housing market, it is difficult to sell at a high price.

International and domestic events don't seem to have anything to do with it, what Lin Yin cares about is how to sell the house quickly and get the million and tens of thousands of cash he wants. The housing prices in the surrounding area are not low, and the second-hand housing market is listed at prices ranging from 8,000 to 15,000 per square meter depending on the situation, but the transaction of high-priced large-scale houses is very sluggish.

If Lin Yin is not in a hurry, he can sell it or not, and it is not impossible to hang it up to a price of more than 10,000 yuan, but if he wants to get cash immediately in a short time, he is afraid that he will have to lower the price of 10,000 yuan per square meter before it is possible to make a deal. After deducting the handling fee, it is difficult to say whether this money is enough. And this house still has historical problems, she has rented it out, the lease has not expired, and now if she wants to sell, she has to negotiate with the tenant.

That night, the five of them got together to discuss the matter, and the three tenants did not dwell on the issue of the lease, but worked together for the landlord Lin Yin.

Xiao Yu wanted to speak several times, according to more than one million, her family will definitely be able to get it, which is not a very large amount, but it is a bit unclear to pay the money directly, because the other party has no other ability to repay except for selling the house, either it is given away for free, or Lin Yin has to sell the house, and the best way seems to be to buy the house herself.

But money is not spent so casually, Xiao Yu has no income himself, and this time he ran away from home, and he only has hundreds of thousands of pocket money around him. She doesn't want to contact her family now, and there is no reason to give Lin Yin's father more than one million yuan from her family for nothing, and exonerate a criminal official she didn't know.

Tu Su had no choice, but You Fang knew it in his heart, and he was quietly thinking about some things. With those three paintings at the bottom, more than one million is not a problem, but the matter in front of him is an opportunity and a test, which can not only test Chen Jun's sincerity to Lin Yin, but also allow Chen Jun to completely win Lin Yin's heart, it depends on whether he is willing or not.

The pursuit of Lin Yin is both wealth and sex, what kind of true feelings it is, I'm afraid even Chen Jun himself can't tell, and he will be very serious if he changes people, but when he encounters this kind of thing, he can see his true heart clearly. If there weren't those three ancient paintings, what would Chen Jun do?

Everyone was there to discuss the sale of the house, and Tu Su asked, "Brother You Fang, why don't you say a word?" You have always been very capable, can you think of a good way for Sister Lin Yin? ”

Xiao Yu sighed and said, "Xiao Su, do you really regard Brother You Fang as an immortal?" Some things can't be thought of, how do you ask him to conjure up more than a million? ”

You Fang suddenly laughed and said unhurriedly: "Who said I can't conjure a million? This house can continue to be rented, and we can continue to live there, it depends on whether Chen Jun is willing or not! ”

Everyone else quieted down, and Chen Jun frowned and said, "You Fang, if there is a way, you can point it out, and I will go." ”

You Fang asked leisurely: "Chen Jun, you haven't been married yet, and you haven't bought a house, right?" ”

Lin Yin and Tu Su were confused, Xiao Yu blinked his eyes as if he had an understanding, but Chen Jun patted his thigh and said, "This is a solution!" It takes 500,000 funds and a week's turnover. ”

You Fang asked, "How much savings do you have?" ”

Chen Jun replied embarrassedly: "I haven't saved much money in the past few years, and I only have more than 100,000 yuan left." ”

You Fang nodded: "I can also lend you hundreds of thousands, and it shouldn't be difficult to find someone to make up for the rest." ”

Xiao Yu suddenly interjected: "The two of you will each give 100,000, and I will take 300,000, isn't it just a week's turnover, as long as Chen Jun is willing, this matter will be fine." ”

Lin Yin and Tu Su widened their eyes and asked, "What are you talking about?" We didn't understand a word. ”

You Fang smiled and pointed at Xiao Yu: "She understands, let Xiaoyu explain clearly, it's just a quick cash-out from the bank." ”

Ordinary people may not be able to think of the way you Fang, but the principle is not complicated, that is, Chen Jun paid a down payment with the money from Lin Yin's sale of the house and bought the house sold by Lin Yin! It is equivalent to conspiring to turn the left hand into the right hand and conjure up more than one million cash, and the process is as follows-

Lin Yin sold the house to Chen Jun for more than 14,000 per square meter, with a total price of 1.5 million. Chen Jun has never been married or bought a house, so he can apply for a bank mortgage loan and enjoy the treatment of the first house, with a down payment of 30%, that is, 450,000 yuan in advance. It should be enough to prepare 500,000 yuan, and the three people present will make up the money first.

After Lin Yin sold the house, he got the full payment of 1.5 million yuan, and then took out the down payment of 450,000 yuan and handed it to Chen Jun, who returned the money of You Fang and Xiao Yu, that is, it was just a week's turnover.

Lin Yin did not suffer a loss, she sold the house at a high price in the shortest possible time, and finally got 1.05 million, which was just enough to be used to save her father.

And this house became Chen Jun's, the down payment of 450,000 yuan was paid with the money from Lin Yin's sale of the house, and he was equivalent to borrowing 1.05 million yuan from the bank in his own name, and he needed to pay a mortgage every month. It's hard to say whether he suffers a loss or not, buying a house at a high price, but he doesn't have to pay the down payment himself, and this account is not easy to calculate.

What's more, Chen Jun bought his first house very suddenly, in another situation, he may not buy a house in this place at this price, and now it is to help Lin Yin.

Xiao Yu finally concluded: "This house is still your own, there is rent to collect, both of you also have work income, it is not too difficult to repay the loan, and the most important thing is to solve the matter in front of you." Interestingly, she didn't just talk about Chen Jun, but said that Chen Jun and Lin Yin "the two of you", if you can do this kind of thing together, you should be a "family" who completely trust each other.

Tu Su Cherry's mouth opened widely, and it took a long time to understand the tricks, and he thought about it and asked, "Isn't this equivalent to mortgaging the house to the bank and taking out a loan of one hundred and fifty thousand?" ”

Lin Yin shook his head: "It seems to be about the same, but it's actually different." I have already asked about the direct mortgage in the afternoon, and after the appraisal, it will be discounted, the procedure is long, and I can't get more than one million, and I can't afford to pay it back. You Fang's method is the fastest and best, just let Chen Jun do it......"

She glanced up at Chen Jun, and then lowered her head again, her expression was very complicated, with gratitude, embarrassment, pleading, and shame. Chen Jun naturally put his hand on her shoulder blade and said softly: "It's not bad to buy a house like this, I don't have to pay a down payment, and I have solved your business, so let's do it." ”

Lin Yin didn't look up, and said weakly: "In the future, I will help you repay the mortgage together." ”

Seeing this scene, You Fang applauded and smiled: "Okay, okay, the problem is solved!" Don't be sad anymore, you haven't eaten dinner yet, and you're all hungry, right? I didn't finish the food I bought in the morning, Tu Su, can you help Lin Yin cook? Chen Jun, you will be my landlord in the future, I have to toast you two glasses today, and I can't take the opportunity to raise my rent. ”

……

At dinner that day, the five of them got together, and everyone was unanimous, and they all carefully did not mention Li Qiuping's matter, as if the police had not come today, and the topic was still focused on the real estate dumping.

Tu Su looked at You Fang and said in a tone of great admiration: "You really have a way, let them turn the house upside down, and immediately conjure up more than one million for Sister Lin Yin!" Chen Jun couldn't afford the down payment, so he could only pay the mortgage, and you let him buy the house like this. ”

Xiao Yu explained: "It's not too amazing to understand the trading rules, it's nothing more than the use of financial leverage. For a house of 1.5 million, the down payment only needs 30%, and the rest has bank financing, which is financial leverage, which can amplify the funds more than three times in a short period of time, and borrow 500,000 yuan to turn around a little. ”

Lin Yin pondered: "It's also because my house doesn't have a loan, otherwise it's not easy to do this." ”

You Fang suddenly laughed: "Who said no?" It is easier to take out a loan to buy a house and cash out. ”

Lin Yin was puzzled: "Then I don't understand." ”

Tu Su pouted, "I don't understand either." ”

Chen Jun said with a smile on the side: "You Fang said that it is a means of speculating in real estate, you can buy and sell a house, and get a large amount of cash in a short period of time, take my loan to buy this house as an example." "He told a very interesting story.

If Chen Jun buys a house by himself, spends 450,000 yuan with a down payment, and buys a house with a total price of 1.5 million yuan, the average mortgage for 20 years will be about 7,000 per month. Seven months later, he sold the house to You Fang for 2 million, and You Fang paid a down payment of 600,000 yuan. If they were a gang, how much cash would they have taken out?

Two down payments plus seven months of repayment, the total cost is 1.1 million, 2 million is recovered, and 900,000 cash is withdrawn. What's more interesting is that Chen Jun's capital investment is only 450,000 yuan, and the rest of the money can be solved through short-term borrowing, and finally 900,000 yuan in cash, ignoring the intermediate transaction costs and only talking about the principle, the capital has doubled, and the house price has only risen by 33%. With more cash, the same thing can be played again in a different place, and the money in hand will snowball.

Chen Jun finally said: "Do you think that in the past few years, the real estate speculation group took turns to speculate in the property market all over the country, and earned that little bid-ask difference? They're using finance to throw out a lot of cash. ”

Tu Su blinked his eyes and asked: "According to the method just now, there is still a problem, Chen Jun poured the house to You Fang to cash out, You Fang owes so many loans to the bank, how will he repay it in the future?" ”

You Fang went on to explain: "There are two ways, one is to speculate on the house price and then sell it to the final buyer. If the speculation does not take over in the end, it will eventually fall into the hands of the bank that provides financing. Anyway, the house is mortgaged to the bank, and if the loan is not repaid, the bank will take back the house, and the cash you want to set has already been paid. ”

Chen Jun smiled bitterly: "The second method is even more destructive, at the cost of losing other people's credit records, the bank and the entire market are also unlucky." ”

You Fang sighed: "This was a method three or five years ago, but now the policy has changed, the market has also changed, and if you want to play again, you have to think of new tricks."

Lin Yin interjected with great interest: "Chen Jun, I have never known, where are you from?" ”

Chen Jun: "My hometown is in Wenzhou, Zhejiang. ”

Xiao Yu smiled: "What you just said is the principle of large-scale capital cash-out, ignoring the simplified version of transaction costs, it is difficult for ordinary people to play this set." When I was in Hong Kong, I heard that the Wenzhou real estate speculation group in the mainland was very powerful. ”

You Fang sneered: "Don't push everything to the people of Wenzhou, in the past few years, almost all of the people who have been engaged in wind and rain in major cities across the country have been led by overseas large consortiums, and domestic private funds have taken the opportunity to follow up, they are playing like this all over the world, when the subprime mortgage crisis in the United States was the beginning of the collapse, and now it has affected the whole world, and finally played big." ”

Xiao Yu muttered: "That's right, now there is a debt crisis in Europe, and the people are unlucky, I think it's mainly a problem of excessive consumption, listen to you, financial overinflation is also the main problem." …… When the banks notice that something is wrong, the short-term lending market will shrink, and the problems will be exposed one after another, and financial institutions will fail one after another, and countries like Iceland and Greece will go bankrupt. ”

The two of them talked about the topic, and the remaining three people stopped squeaking and listened with wide eyes on the side. You Fang smiled and said: "I am not majoring in international finance, in my opinion, no matter what terminology is used, the principle is nothing more than these rivers and lakes, speculating not only on houses, but on the wealth of the whole world." Don't you want to venture out? The current rivers and lakes are very turbulent, and in the major you are studying, it is the real big rivers and lakes. ”

Xiao Yu's expression was a little shy: "My class discussion in school is not as straightforward as what you and Chen Jun said, they are all learning various financial principles and phenomena, and I think it is quite complex and advanced." ”

You Fang: "It's quite complicated, and the tricks are quite advanced, but the doorway is still the same." You learn the rules, so just now Chen Jun said that it takes 500,000 turnovers, and you will know what is going on as soon as you hear it, even if you don't learn it in vain, I definitely don't know as much as you in this knowledge. But no one will clearly write their blatant deception and robbery into a textbook. ”

Xiao Yu: "Blatant deception and robbery? ”

You Fang: "Isn't it?" A group of people gathered on Wall Street in the United States have led the world trend over the years, and together with the powerful of all parties, they have openly ransacked the entire rivers and lakes, leaving behind a lot of chicken feathers after the collapse. On the surface, those investment banks have failed and gone bankrupt one after another, but the masters behind have made enough money, and the people of the world have suffered. …… Just like what Chen Jun just said about flipping houses, who do you think will be the one who will be unlucky in the end if you keep playing? ”

Chen Jun scratched the back of his head, and finally interjected: "If you want to talk about the house speculation in the past few years, I know the way, but the topic you talked about is a bit too big, and I can't even interject." You Fang, who did you listen to about these things? ”

You Fang sighed: "I'm not that educated, at this time last year in Yanjing, I chatted with an elder about the hype of the Jianghu Bureau, and he thought of some things in the world today, and said a lot, I just have some experience." Then he said to Xiao Yu: "You are still studying, and when you run the industry in the future, many things that are not in textbooks will be taught to you by the elders in the family." ”

Xiao Yu shook his head: "I'm not interested in speculation, and I don't even want to do business." However, Brother You Fang is so knowledgeable at such a young age, and he will have the opportunity to go to Wall Street in the future and achieve a great career. ”

You Fang pouted: "That's not only a matter of ability, but also a matter of cost." The gang of bouts behind Wall Street are the most insatiable thing in the world and no one has a surname. I'm not interested in making a name for myself in that kind of place, and if my grandma found out, she would break my leg. ”

Several people next to him laughed, and Lin Yin smiled and said, "Your grandma is so powerful?" I know you're very capable, but what you just said was too big! ”

You Fang himself also smiled: "Chatting, isn't it just to talk to the sky!" It's all your own people behind closed doors, and it's okay to brag about it, right? ”

Tu Su asked, "Brother You Fang, why do you say that those people are the most insatiable things in the world and have no surname?" Many of them are successful role models written in books. ”

You Fang put away his smile and said, "Today we are talking about the doorway of flipping houses, is it what the newspaper says?" The means of the rivers and lakes, in order to make a living or to solve difficulties and save emergencies, anyone who has the ability can use it, just like Chen Jun and Lin Yin fell into the house today. But you can't use means for the sake of means, and you can't endlessly calculate the people in the world, and in the end it will be an endless gully, and it will eventually become a great disaster. ”

Xiao Yu echoed: "This time it has collapsed, and the whole world is cleaning up the mess, I don't know when the next time will be?" ”

Today's discussion not only solves Lin Yin's problem, but also finally brings together her and Chen Jun's lives and emotions, and Xiao Yu really admires You Fang - he doesn't just teach a lesson to the little rascal. When he said goodbye, You Fang said to Lin Yin that he wanted to ask her privately, and in Chen Jun's puzzled eyes, he called Lin Yin into the study alone.

Facing Lin Yin, who was a little surprised, You Fang said straightforwardly: "What Li Qiuping left behind, are you willing to take it to save your father?" ”

Lin Yin lowered his head: "I know, the house was left by him, but I ......"

You Fang interrupted her: "It was originally in your name, and that's the end of it, so you don't have to dwell on this issue anymore." There are three paintings hanging in your house, I heard you say that it is of commemorative significance to Li Qiuping, do you want to continue to hang them? ”

Lin Yin raised his head and asked, "Did Chen Jun say something to you?" These paintings ...... I can not hang. ”

You Fang shook his head: "He didn't say anything, it's that I'm interested, can I take it away and study it for a few days?" ”

Lin Yin thought for a while: "If you like it, take it, it's okay to give it to you, anyway, it's a fake, even if it's a real antique, I don't want to hang it anymore." ”

You Fang smiled: "I understand what you mean, I don't want it myself, I just use it." ”

You Fang also took off the other two ancient paintings and took them away. When Chen Jun saw this scene, there was a bit of gratitude in his eyes, and he only thought that You Fang didn't want them to evoke more memories of Lin Yin for Li Qiuping, and at this moment he was not clear about the doorway in the painting, and he was calculated in unknown happiness.

(To be continued)