In this episode, Harvey explains how to do BRR even if you have a mortgage. Doing so in a non-fraudulent way, that does not break mortgage rules. He briefly explains what BRR is, then walks his audience through the main borrowing options. Ways that anyone can benefit from the BRR model even if they have to borrow from the banks. In this episode, he also talks about bridging loans, buying with cash and using private finance.
‘There is a common misconception that floats around that you cannot use a mortgage to fund a buy, refurbish, re-mortgage. ´
‘I like keeping the refurbs nice and light and not too structural, no major stuff.’
‘Match the lending to the deal and your circumstances. Not the deal to the lender.’
Shawbrook Bank relationship manager explains how banks lend - https://youtu.be/urQ_-URWzes
Deal proposal templates - http://bit.ly/harveysproposaltemplate
💻| Join us in our remote property investing Community on Facebook
📚| Live free training & Q&A every Sunday in the Community.
Harvey is the founder of Growth Properties Group, a small group of companies that help people live on their terms through property.
With education, portfolio building, and property management.
He built his property portfolio and businesses in the Northeast of England, whilst living in the south, allowing him to spend time with his family and travel regularly.
Having built up the systems and team to run from his phone and largely on autopilot, he's now focused on helping others excel on their property journeys and build a remote investment lifestyle for themselves through group and 1:1 coaching programs.
His signature program, which runs 4 times per year, is the 6 Stage Remote Buy Refurb Refinance (RBRR) Blueprint.
I help people to live on their terms through property & Coaching and portfolio building.
I’ve spent the last 7 years working out how to run my property business virtually from my phone.
Using tech to run my business while I’ve been travelling.
DM me clubhouse if you need help with this.
Welcome to the Remote Property Investor Podcast! This podcast is for people that want to create a remote life leverage lifestyle that they can live on their terms; To educate & motivate you into taking actions to make this happen.
My name is Harvey, and I’ve been a property investor since 2009! Although I started investing locally, limited resources led me to look for investment opportunities elsewhere in the country – and thank god for that! Thanks to this I’ve been able to become a remote property investor, and I have the luxury of being able to run this business from my phone.
Whether it’s from the comfort of my own sofa or from the beach on one of my travels, so long as I have a Wi-Fi connection, I’m good to go.
Get stuck in and start listening to content all about Property Investment (remote or other), entrepreneurship, business mindset & wellbeing, systemisation, and lifestyle Evolve Your Ideas, Live on Your Own Terms.
This show was brought to you by Progressive Media
