Selling Your Home to Create Financial Freedom
Episode description
If you want to get out of your full-time job and into property this is the episode for you.
Sometimes you need to let go of what you’ve got to get what you ultimately want and selling your home and using the equity can be the first step in creating your financial freedom
Shaz goes through the numbers from start to finish on a property deal sharing great advice and information on how to move towards financial freedom through the equity in your home
FREE WEBINAR - https://bit.ly/shazwebinar
KEY TAKEAWAYS
- Sell your house and rent so that you can use the equity
- Use the cash to invest in a commercial property
- When the standard is very high people come into a property and want it straight away so selling can be easy
- 4 million for the total cost of the flats with commercial space that can be let out and the total value is 1.7 million pounds
- Refinance at 75% loan to value
- You can get all the money back and the money borrowed for development
- Cashflow is created through the rental of the flats and the commercial space
- You will get capital appreciation on the properties
BEST MOMENTS
‘We got 21 flats rented out in a space of two weeks, extraordinary’
‘Talk to agents and you can get a deal with guaranteed rent’
‘Sometimes you have to leave what you have to get something better’
VALUABLE RESOURCES
FREE WEBINAR - https://bit.ly/shazwebinar
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
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