Buying Short Lease Property In London: Two years ago, I did a financial freedom challenge with Elijah Ramsey, taking him from broke to buying property in just 7 days! But 2 years on, how is Elijah doing? In a recent interview, I show you exactly what has happened since the challenge!
I have helped a lot of people become financially free, but many people wonder what happens after the cameras have stopped rolling! Years later, are those people still doing well in their property journey? If you want to see how Elijah is doing in property 2 years after his financial freedom challenge, make sure to watch the full video until the end.
You can watch the full interview at the top of this page, or on my YouTube channel. If you watch the video on YouTube, make sure to leave a comment letting Elijah know what you think of his amazing transformation!
If you have ever wanted to see what happens after a financial freedom challenge has ended, make sure to watch this one! If you are an aspiring property investor, this isn’t one you will want to miss!
Elijah is now making money in property in a number of different ways. One of the ways he is making money is buying short lease property in London. In this article, I will show you how you can profit from short lease property. Once you understand this strategy, you will be able to add value to a property simply by extending the lease!
I want to help as many people as possible reach their financial freedom goals. Teaching people about buying short lease property in London, and across the country, is one way of doing that! That’s why I want to get this blog post out to as many people as possible!
If you found this article useful, please help other people find it too! Please share this article on the social media platform you use the most. That way, your friends and family can learn about how to make money from short lease property. If even one person takes action on this information, you will have made a massive difference!
1. Buying Short Lease Property In London: Buying The Property!
This means finding a leasehold property with less than 80 years left on the lease. These properties are much harder to mortgage, and therefore there are often good deals to be had for cash buyers. You may need to purchase the property using bridging or private finance.
2. Buying Short Lease Property In London: Extending The Lease!
Before buying, speak to a leasehold solicitor to understand your options and the cost involved. There are a number of paths to consider, and you will need to speak to a specialist before moving forward.
You will need to assess whether you are likely to make a profit by extending the lease based on the price of local comparable properties, and the cost of extending.
3. Buying Short Lease Property In London: Selling Or Refinancing!
Once you have bought the property and extended the lease, you should have forced the value of the property up. You can then choose whether to sell the property at a profit, or to refinance it on to a regular buy-to-let mortgage.
If you have raised the properties value enough, you could pull all your money out of the property using the new mortgage. This would allow you to keep the property, and use the money to purchase another!
Buying Short Lease Property In London: Get Property Training!
If you are thinking of buying short lease property in London as an investment, it is essential to get some property training first. Join me at my next introductory online training event!
We have different online trainings throughout the year, each teaching different things. Here is a sample of what you could learn on one of our online introductory webinars:
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The SECRETS to becoming a successful property investor
Get immediate and actionable insights to accelerate your property investment journey.
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How to LEVERAGE other people's money to get started
Begin to understand the strategies to use to reduce the barriers to getting started.
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How to FIND fantastic property opportunities
Understand where property professionals source the best deals.
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How to RECYCLE your money again and again
Don't just do it once, repeat the process to build your property portfolio.
Property investing is not just for the rich! Learn the strategies that thousands of people have used to not only start investing, but become financially free! Tickets are free, so book your property training webinar now. If you are ready to take action, I hope to see you very soon!
