How to Fund Flips - Property Finance Tip with Kevin Wright

How do you properly finance your Flip deals? Those property investment opportunities that you buy to quickly sell on again? Kevin Wright shares exactly how to do this in this week's video!

- - -

Exclusive Property Finance Tips With Kevin Wright for Property Investors

[alexsalmon]

Kevin question for you.

I live at home with parents and i want to get into refurbing properties for potential sell on or let.

I currently own zero properties but have a ltd company and want to buy at auction. Do you need to already own a property for bridgers to loan against? Or can you get a bridge without owning?

[manchesteryoutube]

Could I get a bridge for a buy to flip and I also get refurb costs included aswell?

[jordanhtiffirg]

Hi Kevin.
What if it takes a year or longer to sell my property I could imagine this being very expensive is their a way to avoid this happening?

[alvinharewoodtv]

Hi,
Question - I’m new to bridging so I just want to ask, is it possible/ideal to get a bridge & refurb bridge loan then when the property is done up, get a mortgage out against the property to pay back the borrowed amount from bridging & my cash deposit that I put down? So for example, say property was for 50k. I put 25k cash down and bridging covers rest & refurb bridge cost 20k. So that’s 75k in total to get the property fully done and now the property is worth let’s say 90k. Can I get a mortgage against the property for the 75k it cost me to do the property? I plan on renting the property out long term. Is this ideal?