Can you really get a 'FREE' house?

Well of course you need money to invest in property, don't let anyone else tell you otherwise. But that money doesn't need to be yours. You could borrow money from friends & family, private investors and lenders such as banks.

Then when you utilise the Buy Refurb Refinance (BRR) strategy, this will allow you to increase the value of your property through the refurbishment and pull the money you have borrowed out by remortgaging 75% of the new value. This enables you to repay your initial loan back, if done correctly, leaving you with a property that YOU didn't pay for. Plus you now have a cash flowing asset because it provides rental income every month and the property value increases overtime!

Hope this video helps understand the concept of a "free" house or what's also known as an "all money out deal".

Have a wonderful Sunday!

James x
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❓WHO AM I:
I'm James, or @jamesproperty_ if you're following my Instagram 😁 and I'm a property investor from the UK 🇬🇧. I make content about how to make money from investing in property. This is all from my experience of how I started from having a student loan to now being a full-time property investor. I love what I do, and I enjoy sharing my journey. If you have any questions, please write them in the comments below and if you wish, please support the channel by liking the videos and subscribing.

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What is BRRR? [EXPLAINED] | UK Property

Timestamps ⏰

00:00 - Introduction
00:57 - Buying Costs
03:26 - Refurb Costs
04:16 - Refinancing
10:37 - Rental Income
13:42 - Expenses
18:08 - Summary