11/12/2023
Fraser Street, Aberdeen. Our first deal! 🏠
Following on from the previous post, here is a specific deal example. The first of the portfolio.
1 bed flat in the Granite City, bought with a tenant in place.
Purchase Price - £39,999
Ads - £0
Legals - £1,400
Other acquisition costs - £5,000
Total acquisition cost - £46,399
Expected end value - £60,000 to £65,000
The end val passed an automatic val from the lender of our next acquisition at £68,000!
At the point of refinancing, we will release £51,000!
An all money out and more deal!
And repeat 🔁
This deal was purchased with 2 private investors, who stand to make £5,000 in just 12 months, without having to lift a finger for it.
To hear more, or learn how you can benefit financially from these types of deals, reach out.
