It’s Tuesday, so we’re back with more listener questions.
First up this week is Becky from Essex.
Becky’s about to complete on her first buy-to-let deal (three cheers for Becky!), but she’s already looking at her next deal...
She wants to buy the flat above hers, off-market, and she’s wondering how much discount she could get with a deal like this?
Becky’s also hoping Rob & Rob can shed some light on how off-market deals work, and how the process differs from a standard purchase.
Next up is a cracker of a question from Alex in Devon.
After using a cash loan from a friend, Alex purchased his first property a year ago and now he’s about to repay the friend after increasing the property's value and remortgaging.
His friend wants to extend this partnership and re-loan him the money. Alex wants to go ahead with the loan and split it into two £50k deposits, but he’s hit a roadblock.
His broker has advised that lenders aren’t likely to loan to him due to his friend wanting to have a second charge for security.
Is there a way they could restructure the loan to suit, or are they just asking the wrong questions and dealing with the wrong lenders?
Tune in to find out what the guys have got to say.
Do you have a buy-to-let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The next question on Ask Rob & Rob could be yours.
Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So, get yourself over and introduce yourself.
And if you’d like to find out more information about Portfolio you can do that here.
See omnystudio.com/listener for privacy information.
TPP583: How we manage million-pound portfolios in 1 hour per month
ASK428: How would you invest £50k? PLUS: Can I make my tenants maintain the garden?
TPP582: Market Update - May 2024
ASK427: Should I diversify between cities? PLUS: Help! I don't have a tenancy agreement!
TPP581: 7 property disasters we've had in the last 12 months! (PLUS: Big evictions news)
ASK426: 4 questions about taking equity out of my portfolio
AOB: Going behind the scenes of a £100m property business
TPP580: Worth it or not? We judge different property expenses
ASK425: How do I research a developer? PLUS: Will my Ltd Co pass the stress test?
TPP579: Using AI to become a superhuman property investor
ASK424: Should I pay this arrangement fee? PLUS: Is it time for a hands-off strategy?
TPP578: April Market Update
ASK423: Are studio flats worth buying? PLUS: Have prices really fallen as far as you say?
TPP577: Cashflow vs Capital Growth: Which wins?
ASK422: Where to invest in East Anglia? PLUS: What should I do about my mortgage renewal?
AOB: How focus has grown our business (and how to find it yourself)
TPP576: Mortgage Market Update
ASK421: Is Kent a good place to invest? PLUS: How do we split profits fairly?
TPP575: What on earth is happening with house prices?
ASK420: Does borrowing make sense anymore? PLUS: Should I start in commercial or residential?
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast