Property refinancing for beginners

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#PropertyInvesting

[elenem]

Brother the fact that u can explain it this well means you understand it very well, i have been searching for hours on this property shit and finally got it from 👍👍👍

[oksana.cheng]

Thank you so much! I have learned way more than just researching and making calls. I have a clear idea of how I can move further. I already own a house with my mother and we are renting it while leave in it and being able to pay the mortgage and half bills. Now working on buying another house with a great deal. Your videos have helped me a lot to organize my steps in just two days. I appreciate what you do and help others! You are an amazing person. Wish I had more friends like you. Have a good day and thanks again!

[spykespark]

Where was this guy in my 20's, Thank you

[mohmeegaik]

Samuel Leeds you still the best to explain the terminology about this topic.Thanks!!!

[pauljamesdidit]

You made a good point Samuel at the end about the value going up which could effect you getting a new mortgage, its something i'm already thinking about as i know when i buy my next resi home i want to add an extension etc which will increase the value, it would be a major problem if i was then unable to get a new mortgage when the term ends.

[edisonmoreno]

So, let’s say I have 30K buy a property BMV, get a bridging loan to buy it and to add value, then I would get a mortgage and pay off the bridging loan and hopefully take the initial 30k investment, then rent, when property value goes up, refinance and get the profit to repeat. Did I miss something?

[slangelis]

Samuel, you are amazing! I was trying to learn it from Robert Kiyosaki his partners and others(books, channels, etc). THE BIG PROBLEM IS - they won't explain everything steps by step. They are wrapping all info so difficult. And here you come in. You look like GOD against these guys. You dropping all info like a REAL TEACHER! Robert Kiyosaki was always shouting out about FAKE TEACHERS. I need to say you are the only one and THE BEST REAL TEACHER! Love your videos thank you SOOO MUCH!

[thekofiannan]

Samuel is the best property advisor in the UK. I put my word on it. I'm in his academy and I can tell you, this works like magic.

[CarMadElliot]

Such a good, clear explanation - much appreciated. Answered what I was trying to understand about releasing value on re mortgage.

[stephenknowles]

How good is this video! I've watched loads on this topic but this is by far the best to understand! Subscribed!

[poohbar]

Would be really interested to see some more content on bridging loans! Great bits of info in these vids, keep it up!

[itsam]

Thank you for this video, it has been really helpful. I am going to refinance today.

[nimruke]

This is soo informational thank u, no one has done a step by step guide like this

[Slakydon]

Very informative, just what I needed! Thanks

[sinajberg]

Brilliant content and easy to understand! Do the same principles apply also to property investing through LLC?

[datcodingguy]

Thanks for this Samuel, super helpful!!

[barriewelsby]

It was briefly mentioned that the rental income would not cover the new mortgage repayments after refinancing. Am I right in thinking we would be purchasing more properties with the released funds to then rent out to then cover the additional costs. Surely we are back to square one here, no capital equity and still no passive income... I suppose its in the numbers and depends on how much we received from refinancing etc or maybe I missed something.

[raymondstitt]

Samuel this is a very quick crash course but is very informative. Thank you

[SexyTango]

Would you suggest remortgaging your residential home to start a property journey?

[tickscollector]

1. Bridging loan is super expensive, way more then a mortgage. you'll need to negotiate rates. as a small property owner you have no weight.
2. What happens when your property loses value? now suddenly you are stuck with debt that is higher then your assets value. the bigger the portfolio, the deeper the hole. companies that held billions in assets/dept went bankrupt during the sub prime crash.