Found an amazing deal but no funding. 100 beach road in South Shields. I can only afford to buy the property but not enough to do the work. I believe the property could be best suited as 4 individual flats.
I watch a few different video blogs on property investment ,have to say Saj , you are no doubt up there with best , far too many bloggers giving advice, when they have little or no experience.
I really appreciate the support, I'm just giving what I've learnt over the past 12 years of property investment to you guys so you don't make avoidable mistakes starting off.
Saj, awesome content! I want to get into BRRR but I don't want to remortgage to get my cash out of the property. Can I go into a joint venture at this stage to release my cash? Any advice? What sort of split and terms should I be looking to offer? Thanks again.
Hi Saj, really interesting video. In the JV example when you refinance the 6 properties wont the interest cost (eg 3%) be close to the total rental income of £72k pa? If so, the net income after interest for each investor wont be much. Am i missing something? Thanks
Each house will generate £1K+ rental profit (after mortgage payment), i.e. £72K net pa. Mortgage at 75% LTV will be £337,500 with monthly payments of £1125 at 4% pa.
Joint Venture is better for me but again as you said May be start with a loan to see if it is someone you want to work with in the long term and be involved in a JV Amazing knowledge shared in your video as always. Thank you.
Great video Saj. My question is how does working with investors help you though? I'd imagine you have strong cash flow and the business can get low rate interest only financing. In your position my preference would be cash deal then bulk refinance. Does it not add a tonne more complexity/cost to set up a JV, work with investors etc? Spreads risk and means you don't have to mess around with the bank but caps absolute returns. Is the hope that your investors are more along the lines of business partners and help you source deals, scale, mates rates on trade etc?
Hi Steve, For loans the investors really replace bridging and development finance. My relationships with the investors means deals are done faster and easier. For JV's I choose a few as long term business partners in order to build multiple portfolios.
Hi Saj...another great video. Couple of questions: 1. Still not sure why you need to layer at different rates. Can't you just ask for 200k in exchange for 6% interest? 2. With JVs, what legal structure or vehicle do you use? Is it a limited company with 50/50 share ownership? Or does the investor purchase with restrictions on the property, then transfer to the terms of your agreement? Or how is it done? Many thanks.
Hi, the layers work well when there is more than one investor. With a single investor there is no need for the layers. In terms of structure there are many different ways this can be done depending on what outcomes/efficiencies we are trying to achieve.
Saj, great content as usual. I have investors (family/friends) overseas who want to invest here with me in the UK, how can you do it in a compliant manner? Is it easy for them to transfer into our company account using SWIFT? Any legal requirements?
@@TheSajHussain that's an interesting comment. I ask Tina Walsh, "Compliance Expert" if you can use a solicitor to do AML checks on your behalf if you are not yet compliant. She said no, and said you have your business needs to be compliant before doing any transactions. Ermm interesting.
Hi Saj, Great video and content as always, just like to mention I have capital which I need to grow maybe in terms of a JV with yourself, So how do we go around doing this? Michael Sangha
Which is your preferred method to do deals, Loans or Joint Ventures?
Found an amazing deal but no funding. 100 beach road in South Shields. I can only afford to buy the property but not enough to do the work. I believe the property could be best suited as 4 individual flats.
Loan is better for me. A lot more straightforward.
I watch a few different video blogs on property investment ,have to say Saj , you are no doubt up there with best , far too many bloggers giving advice, when they have little or no experience.
I really appreciate the support, I'm just giving what I've learnt over the past 12 years of property investment to you guys so you don't make avoidable mistakes starting off.
Thanks for the great advice Saj!
Appreciate the support, if you are enjoying these videos, then please do share them with your friends.
Hi Saj, if you raise money via loans, what would be the best way to structure a deal without breaching the FCA and other compliance rules, etc?
Saj, do you need to have the same level of compliance to us JV as you do in loan sourcing?
No, it's different
If you purchased property with last recession and never remortgaged do you think there is allot of equity in it?
Probably, it will depend on the location.
Saj, awesome content!
I want to get into BRRR but I don't want to remortgage to get my cash out of the property. Can I go into a joint venture at this stage to release my cash? Any advice? What sort of split and terms should I be looking to offer?
Thanks again.
How much do you think I get for 70k loan for 6 months?..Thanks
Depends on so many different things. Here is how investing with me works sajhussain.com/invest-with-saj
i like the idea if joint ventures over interest rates
👍🏼
Hi Saj, really interesting video. In the JV example when you refinance the 6 properties wont the interest cost (eg 3%) be close to the total rental income of £72k pa? If so, the net income after interest for each investor wont be much. Am i missing something? Thanks
Each house will generate £1K+ rental profit (after mortgage payment), i.e. £72K net pa.
Mortgage at 75% LTV will be £337,500 with monthly payments of £1125 at 4% pa.
Ah right, that makes sense...thanks very much 👍
Joint Venture is better for me but again as you said May be start with a loan to see if it is someone you want to work with in the long term and be involved in a JV
Amazing knowledge shared in your video as always. Thank you.
Thanks Emad. Always appreciate your support. I know you are finding some great deals right now.
Amazing insights, incredibly valuable for beginners ,thanks Saj .
My pleasure!
Great video Saj. My question is how does working with investors help you though? I'd imagine you have strong cash flow and the business can get low rate interest only financing. In your position my preference would be cash deal then bulk refinance. Does it not add a tonne more complexity/cost to set up a JV, work with investors etc? Spreads risk and means you don't have to mess around with the bank but caps absolute returns.
Is the hope that your investors are more along the lines of business partners and help you source deals, scale, mates rates on trade etc?
Hi Steve,
For loans the investors really replace bridging and development finance. My relationships with the investors means deals are done faster and easier.
For JV's I choose a few as long term business partners in order to build multiple portfolios.
Hi Saj...another great video. Couple of questions: 1. Still not sure why you need to layer at different rates. Can't you just ask for 200k in exchange for 6% interest? 2. With JVs, what legal structure or vehicle do you use? Is it a limited company with 50/50 share ownership? Or does the investor purchase with restrictions on the property, then transfer to the terms of your agreement? Or how is it done? Many thanks.
Hi, the layers work well when there is more than one investor. With a single investor there is no need for the layers. In terms of structure there are many different ways this can be done depending on what outcomes/efficiencies we are trying to achieve.
Saj, great content as usual.
I have investors (family/friends) overseas who want to invest here with me in the UK, how can you do it in a compliant manner? Is it easy for them to transfer into our company account using SWIFT? Any legal requirements?
I would suggest using a solicitor as you have Anti Money Laundering matters to deal with.
@@TheSajHussain that's an interesting comment. I ask Tina Walsh, "Compliance Expert" if you can use a solicitor to do AML checks on your behalf if you are not yet compliant. She said no, and said you have your business needs to be compliant before doing any transactions. Ermm interesting.
Hi Saj
I got draw down facilities can’t mention here how much please reply me back to arrange a zoom call thanks.
Sorry I don't know your name. To learn more about investing with me click www.sajhussain.com/invest-with-saj/
Hi Saj,
Great video and content as always, just like to mention I have capital which I need to grow maybe in terms of a JV with yourself, So how do we go around doing this?
Michael Sangha
Hi Michael, To learn more about investing with me click www.sajhussain.com/invest-with-saj/