A traditional mortgage isn’t always suitable in every situation, and Progressive regular Gary joins Toni Gargan to discuss the 3 pitfalls you should AVOID with a bridging loan to explain why, and how you can secure these kinds of opportunities.
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Here’s a sneak peek of what to expect:
🌐 Understanding Bridging Finance: Learn what exactly bridging finance is and where it’s relevant in property investment. We explore scenarios where traditional mortgages might not be suitable, such as buying at auctions or properties in need of fast financing.
🔴 Pitfalls to Avoid: Uncover the top three pain points to steer clear of when diving into bridging finance. Get insights on ensuring your deal stacks up, understanding loan-to-value, and navigating fees to avoid unexpected surprises!
💰 Bridging to Let and Unique Guarantees: Dive into the innovative strategy of bridging to let and how it can work for you. Explore unique guarantees you can use, like asset mortgages, alternative properties, or even entire portfolios.
DISCLAIMER: This video is not sponsored, nor is it endorsed, by any third-party affiliates. This is NOT financial advice.
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TIMESTAMPS:
0:00 Gary Das Interview
1:09 What is Bridging Finance?
2:31 RISKS of Bridging Finance
3:04 Key Points About Bridging Finance
4:28 BENEFITS of Bridging Finance
6:16 Common Pitfalls with Bridging Finance
8:12 What Can Bridging Finance Be Used For?
9:20 Follow Gary!
9:44 How to Get Started in Property RIGHT NOW
10:02 Stay Tuned!
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