I don't want to take a mortgage, can I pay cash? - Property Rant 047

03/31/17 • 4 min

Totally understandable!!! The government has made it so difficult to get any finance through on an investment.

My thoughts are this!!! Don’t let the difficulty of finance cloud the benefits it provides, it’s all about return on investment. Paying cash you get the pleasure of paying MORE tax... not something I recommend. I prefer to see an appropriate amount of leverage so it will maximise your return.

So the question of a mortgage or not is more about leverage or loan to value than risk and tax you are prepared to pay than the cash you have...

Gladfish Property Investment is a property investment platform and specialist consultancy in property opportunities. #ThinkGladfish

Brett Alegre-Wood is an Entrepreneur, speaker and author of over 20 books. @brettalegrewood

Their website is https://www.gladfish.com or call +442079236100

Totally understandable!!! The government has made it so difficult to get any finance through on an investment.

So the question of a mortgage or not is more about leverage or loan to value than risk and tax you are prepared to pay than the cash you have...

Gladfish Property Investment is a property investment platform and specialist consultancy in property opportunities. #ThinkGladfish

Brett Alegre-Wood is an Entrepreneur, speaker and author of over 20 books. @brettalegrewood

Their website is https://www.gladfish.com or call +442079236100

Previous Episode

Can we use our own Mortgage Broker? - Property Rant 046

Of course, you can use your own broker. No one can force you to use a broker you don't want to use.Sure they can stop you from buying an investment but that will rarely happen.

However…

In this day and age mortgages are much more complex and brokers have to specialise so the broker you used for your home or the one down the street may not really understand the investment.

So in the end it may be in your best interests to use a recommended broker. That doesn't mean you shouldn't still vet them as normal.

Gladfish Property Investment is a property investment platform and specialist consultancy in property opportunities. #ThinkGladfish

Brett Alegre-Wood is an Entrepreneur, speaker and author of over 20 books. @brettalegrewood

Their website is https://www.gladfish.com or call +442079236100

Next Episode

My Partner wont let the home be remortgage, what can I do? - Property Rant 048

Always a touchy subject when one partner wants to stay put and the other wants to get moving. It’s doubly emotional when the family home is involved, the sacred cow of wealth. So how do we handle the emotionally charged subject.

Well firstly... communication, secondly knowing the rules of the game and having a clearly defined strategy and finally, this one simple approach which I’ve found will turn around all but the most fierce opponents to remortgaging the home.

Gladfish Property Investment is a property investment platform and specialist consultancy in property opportunities. #ThinkGladfish

Brett Alegre-Wood is an Entrepreneur, speaker and author of over 20 books. @brettalegrewood

Their website is https://www.gladfish.com or call +442079236100