All Forum Posts by: Jack S.

@Jaysen Medhurst in the uk we don’t have multi family properties for sale .

There are only flats in big buildings in quantities of 30/40 which are normally £1.25m+ which would require a 25% down payment .

I’m 100% wanting to advance and go bigger but there isn’t such as thing as duplex or triplex extra it’s just big blocks of flats of single family units over here . 
what would you do ? Thanks for your reply 

That sounds interesting @Don Konipol could you give me some more info on this ? Do you essentially mean buying 10doors  instead of 3 ? 
if so I would need a lot more capital to buy them and would it work out differently to buying 3 doors for example ? 

Hi all ... just after some advice on what my next step should be .
id like to start off and say I set my goals very high so it may seem like I’m being over ambitious but hey we have to be optimistic . I’m an investor in the U.K .

I currently have 7 single family lets that return great profit per month . Most of these family let’s have been refinanced as I managed to get them BMV .. and used the brrrr method which has been great .

I'm currently flipping 2 houses which are about 2-3weeks away from completion which will have great returns also . I won't be renting these 2 out as it would be a lot more beneficial to sell on in terms of ROI

I've just been accepted on an offer for a large building which contains 3 flats which will be a BRRRR also

I’m wanting to speeed the process up And retire from my day job .


I know my financial freedom number and at the rate I’m going I’ve worked out it is 3yrs away.

I’m wanting to get my goal of 50doors in 12months time or the money to buy 50 doors.

Going forward from here what suggestions would you all have ?

Hi all ... just after some advice on what my next step should be . 
id like to start off and say I set my goals very high so it may seem like I’m being over ambitious but hey we have to be optimistic . I’m an investor in the U.K 

I currently have 7 single family lets that return great profit per month . Most of these family let’s have been refinanced as I managed to get them BMV .. and used the brrrr method which has been great . 

I'm currently flipping 2 houses which are about 2-3weeks away from completion which will have great returns also . I won't be renting these 2 out as it would be a lot more beneficial to sell on in terms of ROI

I've just been accepted on an offer for a large building which contains 3 flats which will be a BRRRR also

I’m wanting to speeed the process up And retire from my day job . 


I know my financial freedom number and at the rate I’m going I’ve worked out it is 3yrs away. 

I’m wanting to get my goal of 50doors in 12months time or the money to buy 50 doors. 

Going forward from here what suggestions would you all have ? 
I’ve considered finding a big investor to see what I can work out in terms of moving forward but would like some advice .

Hi all .. Hope your well ... A little advice Needed in speeding up the process of the houses . To do a buy - to - let here in the u.k it requires a 20% deposit which is a lot and requires around £3k of fees in total per property.

To give you an idea of numbers I’m buying the property at about

10-15k BMV and with a little work inside I know there is 20k of equity in the house . With a few properties under my belt I know there is x amount of equity in each of them that I don’t know how to use 

I looked into the brrr strategy but for renting is it that simple ? As in the u.k they won't give you a buy to let Mortage if the property need even just a little bit of work so it would be super hard to get a Mortage set up.

Surely there is a faster way of doing this ? I have 6 properties so far so maybe I could use he equity in them to get some sort of loan perhaps ? What’s everyone’s thoughts on speeding up the process . 

hi antoine and yeah the brrr method is good but it's pretty much prevented here in the u.k as they wouldn't allow the correct Mortage from a rental stand point . Yeah if you bought the property all cash you could easy refinance out with the correct appraisal but on. Normal basis say you have a house that stands you at £80k and has been appraised at £100k they only let you pull out 75% of the equity and charge a few thousand in fees and such which is hardly

Worth it .

Any reccomendations on how to speed up the process in terms of buying more ? What other methods can be done ?

To do a buy - to - let here in the u.k it requires a 20% deposit which is a lot and requires around £3k of fees in total per property.

I am getting about a 12% yield on each property which is great.

The problem I am having is I can only do 2-3 properties per year as the deposit and fees are so high 

I looked into the brrr strategy but for renting is it that simple ?  As in the u.k they won't give you a buy to let Mortage if the property need even just a little bit of work so it would be super hard to get a Mortage set up. 

Hi all not sure if I'm posting this in the correct place as I'm pretty new here . I joined the forums about a year ago but decided to focus on  action and now have 3 rental properties .

I live in the u.k but the strategies are very similar and I was just wanting an opinion on how everyone would do it slightly different to maximise cash flow and profits . 

Thanks everyone 

Hi all im from the u.k and im looking to start my first property opportunity.

Im wanting to do the BRRR method

Buying in the property , doing the rehab work and renting it out 

im a little confused on what to do when it comes to mortages here in the u.k

Typically you would get a Buy To Let mortage which requires a 25% Deposit and intrest rates are slightly higher than a normal private mortage. legit but exspensive way to do it (this was the way i was going to do it untill i heard otherwise)

I have also heard from alot of different people that i can get a normal residential mortage paying just a 10% Deposit and then do the rehab to the property and if i wish to rent it out and i do. All i have to do is notify the mortage lender and they charge a little extra per month.

I dont know how much experience anyone has on here about the U.K Letting side of things but this is an absolute mindfield .

Any Help would be appreciated .  Thanks All

just curious to here how everyone would invest in my situation.

my startegy as i posted before is going to be the BRRR method

purchase houe at 60k after my 15k deposit i would have a 45k mortage ,spend 7-10k on rehab , ARV would be around 100k for example. The monthly cash flow i worked out would only be around £50 after mortage repayments and insurance and setting aside ect ect

in the u.k im considering a buy-to-let mortage which requires a 25% deposit 

out of the 25k i have saved £15k is deposit 7-10k is rehab and fees are around 2-3k

i would have spare money aside as emergency ect

Yes i would have alot of equity in the propert around 50k or so but how would you all use this money? Considering a 25% deposit would be required ? 

I know property isnt a quick cash fix game and thats not what i want but at the rate of owning mutliple properties my method seems slow but secure

This forum has been massively helpful thanks to all

if i was to do another deal hyperthetically , would the be any benefits ? from what i have worked out the cash flow from the first proprty would be around £50 per month passive income not alot but the equity would be increasing as the tenant pays off my mortage for example as im doing repayments.

in this case would there be any benefit ? i appreciate the help