06/09/2019
How to invest in property is generally everyone’s biggest question. People have a fixed idea/mindset that they to have 25% for every BTL house, which is of course true. However, through creative methods this can become much easier to achieve.
Assisted sale? Leasehold? Delayed completion? BRR (Buy, Renovate, Refinance)? Rent to rent? Rent to Service accommodations?
These are all terms which can be used to gain property momentum.
As SHA properties generally deals in BRR, we will attempt to cover this as much as possible in future posts, however knowledge will be shared on other methods and we will make sure we hear from leading experts in all fields.
The basics of BRR and how it can help you speed up your property investment/journey:
We buy a property in poor conditions (see before photos) then, we renovate to a high standard (see after photos). We then wait until our mortgage term is up and refinance at the new, higher value. Therefore, drawing cash back out of the deal for another property investment and leaving little money in the current deal.
Swipe right for some figures we crunched on a flat we looked at recently to just show how little would be left in deal ➡️
Anymore questions? Message us 📩