What about Proof of Funds? When do I get a DIP (Decision in Principle)?
What do I do about Proof of Funds?
When do I get a DIP (Decision in Principle) for my Buy to Let?
Do I find the property first?
Or do I get the DIP first?<
What do I do about Proof of Funds?
When do I get a DIP (Decision in Principle) for my Buy to Let?
Do I find the property first?
Or do I get the DIP first?<
Look at this property. Somebody’s left it as a right old mess but it’d make a lovely refurb project for one of our buy to lets. But the key question is, if we were going to try and buy this as a buy to let so that we could do the refurb, how would we…
But could he be someone who controls property without owning it, but can receive the benefits of ownership anyway?
Yes, there are ways of doing that.
There are a number of cheap, low money, not much money required, No Money Down, entry point strategies which he could use, even if he has no money, or limited funds.
I had a really interesting question from a viewer on YouTube asking whether the mortgage on his home should be interest only (to help his cash flow and so he could allocate more funds to his buy to lets).
I would like to find out a little more about a joint venture, preferably on a BRR approach than a straight loan. Roughly, how would this work:
a) find a deal and then find a JV to match the deal
b) find a JV partner and then find a deal together.
I’m quite often asked, “Peter, can I borrow the deposit money for my buy to let, and finance the rest on a buy to let mortgage?”
Or, alternatively, I’ll be contacted by someone who says, “I’m about to buy a property with a buy to let mortgage and I’m borrowing the deposit from my friend/business partner/ JV partner who I met at the local property network meeting”.
I’ve had a great question from one of my mentees…. Hi Peter, I would like to find out a little more about a joint venture, preferably on a BRR approach than a straight slip. Roughly, how would this work: a) find a deal and then find a JV to match the deal b) find a…
So, I was pretty excited to jump on the train, and headed off with the usual agenda.
We’d talk about the “Three Rs”; rents, repairs, and refurbs..
We’d look at a couple of the buy to let properties, typically where tenants have just left, and agree
If you want to make more money in property investing, more quickly, here’s three things you can do:
Number One – buy a property for l
Savills found themselves in a bit of hot water after the Euros finals a couple of weeks ago (seemingly by no fault of their own?) but, putting that to one side, I do admire and respect their ‘courage’. Why’s that? Because back in March 2021, which is only a few months back, they predicted average…