Thanks Stephen, excellent points you make. Can you recommend any brokers specifically for btl investments via a limited company? I work as a contractor and find lenders are not forthcoming
I am looking to buy first commercial and I could get a decent cashflow with my 150k but then Ill be left trying to save up again but then I could do another live in flip with 50k + loans and then have 80k left of investing in commercial but that doesn't go far. Should I go all in for cashflow and then save up again or should I do another live in flip?
You can still manufacture growth with commercial simply by putting a tenant in a vacant property. You buy it for £150k get a tenant that pays £25k+ in rent, the new value can then easily be worth £300k, you refinance at 75% LTV and go again.
Hi Stephen really liking your stuff,been on a podcast @conversationswithaninvestor think it would be really good to see you on it seeing George has done very similar things
Lots of information. Thank you!
Glad it was helpful!
What costing template do you recommend?
Thanks Stephen, excellent points you make. Can you recommend any brokers specifically for btl investments via a limited company? I work as a contractor and find lenders are not forthcoming
I am looking to buy first commercial and I could get a decent cashflow with my 150k but then Ill be left trying to save up again but then I could do another live in flip with 50k + loans and then have 80k left of investing in commercial but that doesn't go far. Should I go all in for cashflow and then save up again or should I do another live in flip?
You can still manufacture growth with commercial simply by putting a tenant in a vacant property. You buy it for £150k get a tenant that pays £25k+ in rent, the new value can then easily be worth £300k, you refinance at 75% LTV and go again.
Hi Stephen really liking your stuff,been on a podcast @conversationswithaninvestor think it would be really good to see you on it seeing George has done very similar things