How To Use Bridging Finance To Buy an Investment Property

Рет қаралды 11,609

Күн бұрын

#bridgingfinance #finance #investmentproperty
Please note this is not financial advice
In this video, we explore the ins and outs of using bridging finance to buy an investment property and how much it has cost us to do so. Bridging finance offers flexibility and speed, allowing you to be ready for when you find a deal without waiting for lengthy mortgage approvals. We discuss the benefits, considerations, and practical steps involved in utilising bridging finance. Not forgetting the most asked question we have had which is about how to pay off a bridge. Whether you're a seasoned investor or new to the property market, understanding how to leverage bridging finance can open doors to opportunities you might otherwise miss out on.
💻 Freebies, Tips & Advice: propertycouple.co.uk/
👋 Invest with us: propertycouple.co.uk/contact?...
📈 How We Manage Our Portfolio: lendlord.io/property-couple
📊 Property Sourcing & Deal Analysis: propertydata.co.uk/r/ZVjgA6Bn
💼 Set Up a Limited Company for £12: stay.osome.com/PC12
🎬 Subscribe To Our KZfaq Channel: kzfaq.info...
📩 GET IN TOUCH
propertycoupleuk
/ @propertycouple
💌 Mailing Address 📦
Property Couple
PO Box 6980
WARWICKSHIRE
CV12 2DR
👇ABOUT US
We are Lia and AK, and we're excited to share our journey with you as we navigate the world of property investing, business, and working together as a couple.
AK: I left my corporate job after experiencing mental and physical health issues, and we started our KZfaq channel to document our journey as new property investors in 2019 with no upfront capital. Expect weekly videos where we provide project updates, share best practices, money-saving tips, and our learnings along the way.
Lia: With nearly a decade of experience building my own entertainment channel on KZfaq from 0 to over 330k followers, the unpredictable nature of a content creator's monthly income took a toll on my mental health. Starting my property journey was my way of future-proofing my income and creating a stable, regular source of revenue. Ultimately, my goal is to build a secure financial foundation for our future family.
Our goal is to make property investing accessible and understandable by sharing our story. We're passionate about inspiring others to take control of their lives, no matter what challenges they may face.
Join us on our journey to achieve a better work-life balance through property investing. We're committed to sharing our experiences, tips, and insights to help you on your own journey.
Make sure to subscribe and hit the notification bell to stay updated on our latest videos!

Пікірлер: 40

@planetblix 2 ай бұрын

Finally, someone that has fully explained bridging finance.

@trinhn 3 ай бұрын

Great video! The explaination of what a bridge loan is was wonderfully articulated. Keep it up, love your content!

@YemiAwoyemi 3 ай бұрын

Thank you for this video - first time I've seen bridging loans explained clearly and how (re) payments work in particular 🎉

@m77ast 2 ай бұрын

Just gave this a like because this video was perfect. I must also say - its great seeing couples working and building together.

@leodass 3 ай бұрын

Wonderfully Explained. Thank You

@andyrooot 3 ай бұрын

Thanks guys again for the content 👍🏽 Probably worth mentioning for the audience that the interest on a bridge does not have to be retained by the lender, it could also be “rolled or capitalised” where it’s added to the loan and paid off at the end or “serviced” where it’s paid off every month and I’ve used both options

@wisefactoring 3 ай бұрын

Was going to say the same thing! Another enjoyable video though

@PropertyCouple 3 ай бұрын

Awesome thank you Andy, we will be sure to mention these options in our next bridging video and credit you as that's super helpful for people to know.

@andyrooot 3 ай бұрын

Cheers

@rudrabarathan2737 3 ай бұрын

I love you Guys! You both are brilliant.

@nekoti.8-2 3 ай бұрын

Hi Lia and AK. Thanks for the information.

@hadrienbouquet6450 Ай бұрын

Great content thanks as usual 🙏 Would be interesting to have a video on the choice of acquiring a property with a company or directly !

@MrsOgu74 3 ай бұрын

Thank you for explaining Bridging Loan clearly

@PropertyCouple 3 ай бұрын

Glad it was helpful!

@BartCee 2 ай бұрын

Wow. Thanks for sharing this!

@PropertyCouple Ай бұрын

Our pleasure!

@odysseasv7138 3 ай бұрын

Another advantage is that bridging is the same as “cash buying” and can be used for negotiating, as speed can motivate sellers a lot!

@thegreatstuff5623 2 ай бұрын

So on your first ever bridging deal, how much did you need to have upfront to secure the funding for the purchase of the property?

@ediz5935 3 ай бұрын

Is it possible to go from 1 to 10 investment properties in 5 years? And how much capital would i take to scale in this portefolio size?😊

@Me-ll4ig 3 ай бұрын

Brilliant video guys. Are you essentially using the bridge to buy the property and renovate it or just renovate it ?

@PropertyCouple 3 ай бұрын

Bridging to complete the purchase and renovate

@bcoleone1 3 ай бұрын

Can you please talk about development finance

@user-dh2cn6tq5k 3 ай бұрын

Hi Guys, just a couple of questions, as they take the interest and fees upfront, do you need to borrow extra to account for this? Also, can you borrow money for a renovation as well? Thanks

@PropertyCouple 3 ай бұрын

You need to ensure you have enough to cover what you need from a net perspective. You can borrow more if the numbers work eg if you’re able to repay the bridge in refinance.

@gregpowell2 2 ай бұрын

In your example you borrow 75k to get to the 100k. But as you sed before you never see the full amount of the loan due to fees and them taking out there interest cost all upfront so now you don’t have enough you buy the house? How does that work?

@donniebrooks21 3 ай бұрын

Interesting and not sure if they do that in the US. It would make sense if they did.

@odysseasv7138 3 ай бұрын

They must do so

@mandip1163 2 ай бұрын

explained beautifully

@PropertyCouple 2 ай бұрын

Thank you 🙂

@BrianAlt 3 ай бұрын

I was looking to get a bridge loan to buy a new house before we sold our old house. I was told that bridge loans are almost non-existent at this point. I didn't ask about the possibility at $5M, though. So I went for a second mortgage which I will pay off when our old house sells. This is in the USA.

@coolmonkey619 2 ай бұрын

Are you from Bangladesh

@MrBenchy35 2 ай бұрын

So a bridging loan can only be 75% of the purchase price so you still need to fund the other 25%… so no good if you don’t have that 25% deposit… this our current position :(

@leodass 3 ай бұрын

What kind of property can I buy with £60,000 in cash. Thank You

@MBHOMEIMPROVE 3 ай бұрын

Why don’t you look on rightmove lol

@wisefactoring 3 ай бұрын

A bridge could give you 75% loan to value, so as a quick example, a property costs say £240,000, you or your investor could put in £60,000 and get a bridge of £180,000 to do any renovation etc, before flipping it or putting a mortgage on it and pulling your cash out/paying back your bridging loan. So with £200k + you could buy what you want.

@coolmonkey619 2 ай бұрын

Whats your skincare