Bridging to cover refurbs
THE QUESTION
Which bridging companies offer both normal bridging and refurb bridging?
THE ANSWER
The problem with this request is:
- Any bridger you approach directly is not going to tell you if other bridgers can do you a better deal and, unless you are very experienced using bridging finance, you won’t really know if the offer is competitive.
- Just because a bridging lender did a good deal for someone, doesn't mean they will have the best terms for your deal. It’s a bit like asking for a recommendation for a car. Someone might extoll the virtues of their Mini, but that’s irrelevant for someone with 4 kids and 2.
My suggestion is to use an experienced bridging broker that can analyse your needs and pick the most suitable bridger for you.
The Ninja Investor Programme trains investors to use bridging intelligently and I’m a partner in a brokerage that has brokered hundreds of bridging deals, so I do know what I’m talking about!
Only a handful of lenders offer a refurb bridging product, although there are ways to uplift your bridging loan as you increase the value of the property in stages during the refurb. Once again you need to know which bridgers are open to this.
You can learn more by:
- Attending an upcoming webinar - register here
- Booking into a LIVE! 3-day workshop - book your ticket here
- Get instant access to the full programme with the online training - click here for more information
FREE ON-DEMAND VIDEO TRAINING FOR PROPERTY INVESTORS:
How to Think, Act, and PROFIT like Cash Buyers do Without Needing a Massive Bank Balance, Perfect Credit OR a Big Income
Join me over on my YouTube Channel
Are you looking for the ‘secret’ of successful property investment? That’s something I can help you with. Watch the videos over on my YouTube channel to find out more.
Book into a Ninja Workshop Today!
If you’re serious about property, put your property investment on the fast track and become a Ninja Investor - Join Kevin Wright on his 3-day Ninja Investor Programme worskshops and get the empowering Cash Buyer Mind-set - without needing the massive bank balance.
Recent Posts on the Ninja Blog
Join the Ninja Achievers Mastermind
As part of the Ninja Achievers Mastermind group you get access to industry leading, best practice property finance strategies and much more...
