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35 Views • Jun 26, 2024 • Click to toggle off description
Learn how to unlock the power of property investment and build a lucrative portfolio with our expert tips. Start with your residential home worth £500,000 and leverage its equity to secure additional funding. Follow these steps:
1️⃣ Start with your residential home worth £500,000 and an outstanding mortgage of £100,000, giving you an equity of £400,000.
2️⃣ Approach the bank for a further advance of 75% of your equity, which gives you £300,000.
3️⃣ Use this £300,000 to buy five houses worth £200,000 each.
4️⃣ Allocate £50,000 per house for the purchase, and the remaining £50,000 for legal fees, stamp duty, and renovations.
5️⃣ Rent out each house for £1,500 per month, generating a total of £90,000 annually!
Maximize your investment potential and generate substantial returns. Follow for more savvy investment tips! 📈🏡
#PropertyInvestment #RealEstateStrategy #Equity #RentalIncome #WealthBuilding
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Uploaded At Jun 26, 2024 ^^
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RYD date created : 2024-10-03T10:40:11.8644984Z
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