Property refinancing for beginners

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Information Property refinancing for beginners

Title	:	Property refinancing for beginners
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Did you eventually explain what a mortgage is? You can not use the same word to describe or explain what something is
Comment from : @Elephantandcastle-n7v

love the video, went to the university and got a finance degree, would love to get into investment properties, just dont know whats a good start, im a maintenance supervisor at an apartment complex, been trying to get into the business side of things but im still looked at as a maintenance man
Comment from : @PATTT_

Thanks bro
Comment from : @jugbirsingh6999

Great content very helpful just one small thing would be better explaining it on a white board if i can see it I figure it out much easier many thanks
Comment from : @rob5896

Let me just pause, like, subscribe, and comment You explained everything so well that it's easy to understand Thank you kind sir
Comment from : @samwatmough8170

It's people like him that should be in schools explaining this
Comment from : @Sidewalkmonster

Clean Digested in seconds - thanks gent!
Comment from : @adeoluyemi

Legend
Comment from : @adarshgungah7304

Hy I live I a home it use be 200k after 20 years it's 307k how do I get mo ey out of it
Comment from : @MarkMoodley-gv5fe

Thank you for making this video
Comment from : @stanleyfox4201

thank you brother you explained really well and i understand it now
Comment from : @KevalRagbir

Refinancing can help you get more cash from an appreciating house, but here's the problem: what if the house is depreciating? If a £200,000 house drops to £100,000, what will happen with refinancing? Thanks
Comment from : @winston6845

Hi Sam, great videos! I’m currently on your BRRR course and am wandering how easy it is to refinance once refurbishment is done without a job? I have packed in my 9-5 to chase my property dream and this is one thing that’s worrying me Hope you can give some insight! Please keep em coming! 😁 Thank you
Comment from : @AronRobinson-y4h

You’re really good at explaining I would definitely attend a class of yours
Comment from : @alexendrealex577

so helpful, thank you so much
Comment from : @TheSchulz21

How does the debt go up when the old loan was £150k and now the outstanding amount of the new loan is £150k after you pay off the old loan?
Comment from : @Jeremiahk

Can you fucking slow down and fucking shut up
Comment from : @alexm9718

Could you use money form further advance to finance the purchase of next property (If someone doesn’t want to remortgage or switch lenders)?
Comment from : @sandrass2788

I need help I've got 80k cash8Commission for life
Comment from : @ZAK-89

ActivasionHomeplate
Comment from : @sandorvarga7437

But you pay interest in debt !!
Comment from : @RaushanKumar-dd9df

You are very good at explaining things and don't waffle too much Thanks man Very helpful indeed
Comment from : @anjummughal8536

Very helpful Thanks
Comment from : @Mannymenhavetried

Very helpful
Comment from : @stevenmunetsi

Question… this strategy works but only if the house in question doubles in value That’s assuming we wait 10 years, what if we want to refinance with a shorter time period
Comment from : @mikolajpiotrowski5722

How good is this video! I've watched loads on this topic but this is by far the best to understand! Subscribed!
Comment from : @stephenknowles5778

Brother the fact that u can explain it this well means you understand it very well, i have been searching for hours on this property shit and finally got it from 👍👍👍
Comment from : @elenem1914

This is soo informational thank u, no one has done a step by step guide like this
Comment from : @nimruke

Very good
Comment from : @morgunz5365

Why does the British accent make this video un watch able
Comment from : @Neogeozz

thank you this was very helpfu still little confused on the bridging loan thank you this is the far the best video in explaining well done
Comment from : @AmyNickii

If it’s tenanted and it goes from 200k to 400k won’t you have to put the rent right up to cover the new mortgage br?
Comment from : @kieranrai-w9p

What about interest rates? I’m paying the interest rate on the remortgage on the first property and I’m buying a second property with money taken from remortgaging which means I need to pay interest rate on the second property as well Let’s assume the tenants covers the second property interest rate Who is paying for the first one? Still me?
Comment from : @yuliat9737

Wow you are a genius the way you explain makes sense Thanks 🙏🏾
Comment from : @SiyabulelaMateta

Superb explanation Thankyou very much for this video
Comment from : @jaisomaniavlogs

I don’t know if im understanding correctly If i buy an investment property for say 200k And borrow 100k I owe 100k brThe property doubles in value over a couple of years I refinance and get a 300k loan Am I able to pay the remaining 100k off of my first property? And do whatever with the remaining 200k? brI bet i am way off but can somebody explain?
Comment from : @johnnyblaze373

Thank you so much!!! I learned a lotttt!!!
Comment from : @user-yz9nq8md2p

I have right to buy been in the property more the 20yrs need help
Comment from : @rosemuhaiteto2836

When remortgaging at the end of the fixed term by moving to another lender, do you have to pay any early repayment penalty?brbrI say this because the mortgage would be for 25 years And after 5 years, (end of fixed term), you pay off the whole mortgage using the money from the other lender
Comment from : @ToxicVaccines_HivHoax

Can I refinance with the same lender?
Comment from : @laurynmiya888

great and brief explanation
Comment from : @denbercorpuz6230

😱
Comment from : @bryantgray6462

If everything goes perfect A small mistake will being you down
Comment from : @reflexpubgmobile

awesome video bro thank you
Comment from : @sugahillind

so you refinance a house to get a deposit? what about the stamp duty? anything can do with that at all mate?
Comment from : @panigalecars3485

Thanks so much SAM for very helpful info about Property refinancing for beginners Have a lovely X'mas and prosperous new year 2024
Comment from : @HenriettaIlarina

I guess to afford the repayment of the mortgage after you've pulled out your money, you can get a lodge to cover the monthly bill
Comment from : @niki-mars955

Thank you This was a really good explanation
Comment from : @niki-mars955

Graphics would be helpful
Comment from : @chelseywilliams2176

Hi quick question on refinance, if I buy a property in cash how long until I can refinance? Is this an easy process?
Comment from : @MrPws1968

Very clearly explained
Comment from : @Saaaa-bu8lx

Everyone is just looking forward to having more loans and debts 😊 Nice
Comment from : @td1494

If u cant explain to 3rd standard child understand that u dont understand it well yet (albert einstien)
Comment from : @burningfact413

I like this guy he literally talks like for beginners and I’m 17 years old thanks for teaching me sharing this video with my football group chat
Comment from : @christophermerino6864

Omg explained it so easy to understand! Thank you so much 👍
Comment from : @hyunjulee1140

Good video❤
Comment from : @EnjoyyYouMeal

Can you do this on an unencumbered property ?
Comment from : @TW-mp8zx

How can I refinance with out income I have a property
Comment from : @kalamuddin4253

works only in a dream world
Comment from : @noext7001

this was an amazing video
Comment from : @stevenlerner5515

You explained it really well, tho might have to watch it a few time 😅 Thanks for the info
Comment from : @amit9036

Wouldn’t you be better of repaying 5 on a early repayments instead of 10-20 on top of a bridging loan?
Comment from : @MrLadkins2

Really this video helped me to understand the concept of Refinance, thank you for the detailed explanation in the video
Comment from : @KevalV-t1q

So the morgage payings will go up if you refinance, and you will have to increase the rent being paid by the tenants, right?
Comment from : @paulboston992

How can I make money off property already owned
Comment from : @FrathouseMouse

Brilliant info, thanks Pal, keep it up!
Comment from : @keithjackett9895

Hey Samuel great content as per usual, I wanted to ask you whether it was possible to refinance a buy-to-let home if you are not living in the Uk and you are not working I presume the answer is NO but are there other ways around it?
Comment from : @DigitalWealthCreations

Okay so property gone in value from 150-400k so tenants monthly will go up by a lot right ? Won’t that be a hasssle
Comment from : @raheemyt7053

This is how the 2008 housing crisis happened
Comment from : @elstonecreation6402

What if the house price goes down?
Comment from : @elstonecreation6402

But you still have 400k debt and 150k cash So the debt don’t stop?
Comment from : @elstonecreation6402

But to let is different from refinancing
Comment from : @elstonecreation6402

Thanks for this Samuel, super helpful!!
Comment from : @datcodingguy

Can I refinance my residential mortgage to buy a property tondo up and rent outany help would be greatly appreciated
Comment from : @diddzuk2362

Thank you
Comment from : @danielarthur7190

Amazing video But what's happening if you don't have enough income to refinance I know you said that but is it something that could you get away?
Comment from : @bemotivated2183

You are an Amazing one!
Comment from : @rudrabarathan2737

I cant work due to having disabled child, but i want to rent my current house and buy new house I have 13k left and property values 160k, looking to buy 250k house Wondering if all benefits (Kids dla/carer allowance/Universal credit, child benefits) i receive will count as income? I know i can pay monthly without any problem Credit score 980 , it will be LTB- anyone had experienced with buying house with benefits?
Comment from : @Mindgame-no1

I’ve been working and trying to refinance my mortgage,got my bank statement and paystubs from click_cybertech with ease Now it’s unto the next step
Comment from : @Yeiyyei

I kept rewatching the part when he was explaining the "good debt" and i still dont get it, how is it good? I mean if u didnt have the mortgage outstanding at all you would keep the entire rental profit and pay no interest right? Can someone please explain it to me
Comment from : @void7366

I bought a council house 5 years ago and I want to refinance it Is this possible
Comment from : @alisonm1607

Brilliant content and easy to understand! Do the same principles apply also to property investing through LLC?
Comment from : @sinajberg

Great explanation in the video Samuel
Comment from : @nipnip2371

Thanks Mr L
Comment from : @perryrumble5469

Dont you have to increase the rent for the existing tennants to match the new value of your mortgage? Wouldnt this cause obvious issues and potentially lose your tennant?
Comment from : @lewis93156

specfically how is the debt helping you isnt it just a mortgage?
Comment from : @izzyd5908

Okay I get that they would want to borrow you 75 of the new value But why ?? Why would they willingly give you that R150 000 extra ? What are they hoping to gain by giving you that 150 000? Are they are aware that you’re trying to pull off your money? Also, who determines that the value of your house is now R400 000?? How is this you pulling your money if you’ll still pay the he money they borrowed you?
Comment from : @nkosinathisitholejobe551