Isn’t this the age old question?
It’s one of those questions where everyone either seems to have a very firm opinion, or no opinion at all.
More time has been spent in the investment community arguing over this than actually going out and looking for deals!
But the reality is, like so many things in property investing, there is no hard and fast rule, no right or wrong, no binary yes or no answer.
It’s all very much an “it depends”.
I’ll tell you what I think in the video – it’s only a few minutes so grab a cuppa and have a look.
Below this article you’ll also find a recap of the last few weeks – it’s been very exciting with my mortgage broker finding a pre-agreed funding facility for between £500k and £5m; and he’s also found a Bridge to Let product which is perfect for refurbs – the bridge rate is very reasonable, the BTL element can go to 80% LTV, and there’s no interest payable during the refurb period, it can rolled up until the end.
Oh, and I’m offering my Pay For A Day One-on-One Mentoring again.
Please scroll down for more details of all these.
Here’s to successful property investing.
Peter Jones
Peter Jones B.Sc FRICS
Chartered Surveyor, author and property investor
www.ThePropertyTeacher.co.uk
PS. By the way, I’ve rewritten and updated my best selling eBook, The Successful Property Investor’s Strategy Workshop, which is an account of how I put together my multi-property portfolio, starting from scratch and with no money of my own, and how you can do the same.
For more details please go to:
www.ThePropertyTeacher.co.uk/the-successful-property-investors-strategy-workshop