A million pound property portfolio in just five years?
Looking to quickly build a million pound property portfolio? You could use a technique that has been used over recent years by investors to make big profits from property.
The technique relies on re-mortgaging and negotiating good discounts on off-plan property to take a small deposit and turn it into a million pound property portfolio within a couple of years or less.
How it works:
- Investors begin by purchasing one or two off-plan properties. These are properties that are not yet fully developed or have only just received planning permission. Developers tend to offer larger discounts to people who are prepared to buy properties at this stage of the build.
- On completion, the investor will refinance the properties. A combination of rising house prices and the discounts gained at purchase, ensure that the property is refinanced at a higher figure than the original purchase price. The extra money gained through refinancing is then be used as a deposit for another two properties.
- This cycle will be repeated a number of times by the investor until they have built up a strong portfolio of investment properties, with a combined value of more than a million pounds.
Sounds easy – so why doesn’t everyone do it?
Investors usually only fail if they struggle to find developments that fit the criteria of being below market value, and of a good location and quality that will generate a rise in value.
Our partners have put together a package of developments that all fit the criteria, and our partners have huge amounts of experience to offer – having sold over £35m of property.
About the portfolio builder scheme:
- The scheme allows you to buy 10 properties over 5 years – but prices are fixed at today’s low value
- No income verification required
- Ultimate portfolio value £1.2 million
- Yearly cash flow profit for complete portfolio guaranteed at over £30k
- Sales proceeds with no capital growth £700k
- Sales proceeds with capital growth at 20% £940k
- Average leverage needed £500k
- First pick of the properties on each new development
As always, all the properties you select in your portfolio will conform to FreshStart’s high standards:
- All classified as new build
- 10 year structural guarantee
- Located in popular rental areas
- Modern fitted kitchens and bathrooms
- Rental guarantees
- Management company in place
- Only reliable lettings agents used