How Do I Spend £10k In Property? | Q&A Sunday
October 10, 2021
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12:25Now PlayingHow Do I Spend £10k In Property? | Q&A Sunday
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as posted by the channelClaim Your FREE Ticket to the Property Investors Crash Course
Timestamps:
01:09
Hey Samuel, I’m in the middle of purchasing my first property thanks to your videos hope to be on ‘Winners on a Wednesday’ in a couple months😅 Anyway! I tried to land a LOA but instead agreed on a different type of rent to buy deal (it’s a no money down deal and I’ll be paying off the property in a course of 7years) as someone who’s never bought a house before would you recommend I open an LTD company or do this in my own name?
02:37
Hello Samuel, I recently purchased my first BTL through auction. I paid 45k cash with a sitting tenant, the rent is paid directly from the local housing authority every 4 weeks. However when I purchased there was no tenancy agreement should I be worried ? Also what is the best way for me to buy my next property ie refinance or saving rental income and my wages from work to buy next property. I’ve learnt so much from you thanks for reply in advance
04:52
Firstly wanted to say thank you for answering my previous question, defo gonna take your advice! Just a follow up question, can I do whatever I want with money received from refinancing? What I mean is, I’m currently a higher rate tax payer so I want to set up a new Ltd company, loan the money I get from the lender to that company and make future purchases via the company. Am I allowed to do that?
06:11
Can you flip houses on residential mortgage or do you have to pay early termination penalty please can someone advice.
08:15
Hi Sam, do you generally have to leave 25% of the value of the house in the property when remortgaging?
09:24
If I have 10 grand spare how should I spend it?
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