How To Buy a House Cheap in 2024
How To Buy a House Cheap in 2024
➡️ Join Samuel Leeds’ Property Crash Course for ONLY £1: https://www.samuelleeds.com/ytltour
Discover how you can buy a house for as little as £5,000 with creative property strategies that work even in today’s market! In this video, I’ll walk you through a game-changing approach that’s helping my students across the UK get onto the…
source
Reviews
0 %
i don't understand how he is saying that his friend paid for a home with a mort of 175k then remort it and the bank just payed his mort of for him bc his house is worth more now im so confused
He's a fraudster.. property game is rigged he makes money from courses
I want to learn from you Samuel.
Is it just me or is the math not adding up here?
There's no 100k houses in Dorset 😢
Your mate who refinanced on a holiday let mortgage – stamp duty would become payable in full, what % interest rate cos it will be quite a lot higher than a resi mortgage?
Shouting mate. Stop.
Im confused about the whole first time buyer thing and its significance. I bought a house with my ex girlfriend 20 years ago. She put the money in (borrowing from equity on her other house) and I just went halves on fees, but legally half the house was mine as my name was on the mortgage. After 6 months we split up, put the house up for sale and moved on with our lives. I walked away from it with absolutley nothing. Legally if I bought a house today would I still be considered a 'first time buyer'? I don't see how 'my' house from 20 years ago would influence buying a house today.
4:21 Question: is it really possible to get a personal loan so soon after having gotten a 95% mortgage?
Your aren’t buying anything. The bank owns the house.
Mortgages should not exist. We should not ever have to borrow money to buy a house. Houses should be reasonably affordable. This is why the west is f’d
We have a property worth £300,000 cheers Tony
Hi Samuel I have a lifetime mortgage I want to invest with the money can you give me advice plz I’m corently living in Lowerstoft cheers Tony
help us find a house 40k deposit NW10 area or near😊
I did this with 4 grand, 6 years ago. Did all the refurb work myself. Kept doing it. I am now retired at 37 years old.
Bro I don’t work right now but I got good deposit too and i don’t know how can I get mortgage
At 20,000£ u will get 10,000sqft to 15,000sqft residential build to suit plot in greater london especially bromley borough. Just put a carvan or container house ❤❤❤
This was a great watch! One suggestion—consider adding timestamps in the description for easier navigation through the key points. It would be super helpful!
Always good information from you Samuel.
Tried to watch this but you're too loud and performative. Hard to take you serious.
What an annoying bloke with a lot of wrong infoemwtion.
But first time buyers don’t pay stamp duty on props less than 425k right ?
You also have to pay large fees to switch mortgage from residential to BTL. So this is rubbish advice. Also ur interest rates can change in between , and we have such an unstable government now.
FUCKING FINANCIAL GURU
It is a £5000 down payment to someone with millions of pounds worth of assets. Its a game he can play, unplayable to 95% of people.
First off, you need a salary of over £50,000 a year to even be considered for the lowest percentage mortgage. A 95% mortgage is a rarity.
You then have the issue of saving the £20,000 – £35,000 mortgage deposit….The £15,000 – £30,000 refurbishment fees, the £5000 – £12,000 legal fees. All while paying for general living costs PER YEAR: £7000 – £12,000 (rent), £4000 – £6000 (food), then £3000 – £6000 on basic utility bills. I havent even mentioned vehicle insurance and vehicle upkeep, school fees, etc, etc, etc.
All this video is, is explaining how to get yourself into LOTS of debt, shorten your lifespan through stress due to the fact that one miscalculation leads to financial turmoil.
Even with the holiday lets idea, the section 24 tax applies to this now. So after Allll of the jumping through the hoops of lending, borrowing, re-financing, refurbishment, re-mortgaging, deal sourcing. You are ultimately left with a property you can rent out with little profit, because you don't own the house you have secured through all the steps above.
You're better off simply saving towards a 30% deposit. Buy a house via auction, secure a loan from the bank. Refurbish and sell on. You can't Buy To Let a property if it is your first home.
This video is leading you towards taking part in a property crash course. You think "how has he made this all seem to attainable?" Well its because he is a multi millionaire who has the freedom of playing the game. He started out when property was dirt cheap and secured investment from a family member. No criticism towards that, just the truth. Fair play to all Sam has accomplished and succeeded him. I just wish it was as simple as he is making out. I really do
who on EARTH IS ON 3-4 GRAND A MONTH?!?
Surely the banks will conduct due dilligence checks and stress test your income.
Furnished holiday let mortgage on a s-hole property in the birmingham area. Right…
So you get a mortgage with 5% down the borrow against it.. wtf!
Do you have to shout¿? Put me roght off. Bye
I never hear property investors talking about the following strategy and i am confused as to why, please inform me. Why not buy 100 to 120k properties up North and literally just pay them off over 15 to 20 years with the rental income and then you have multiple properties that are fully paid down. Now you can just live of the rental income or sell and reinvest.
If you listen to this pleb you are an absolute idiot. He is a hype man that is effectively encouraging you to get into debt whilst earning a shite salary. Live at home. Safe your money and sacrifice those boozey nights out, stupid holidays. Ditch the car and use public transport and pack a lunch, no more cafe Nero and office teas and coffee. If you smoke stop! Penny pinch and I promise you in three years you will have a healthy deposit, legal fees. No stamp duty as first time buyer as long as house is under 250k. I now owe a nice three bedroom semi in didsbury and I’m dojng it up slowly and in five years time I will sell and move into a nicer house. BTW I’m 24. Trainee solicitor and my current salary is 25k. I saved £60k in three years and put down 25% of the value and had enough for legal fees and some basic furniture.
Do we have smt similar in Canada?
you have to watch this a few times to understand it somthing simpler would be better samuel remember we are brain dead people out here
just like homes under the hammer
I'm 26 and can't afford to move out of parents house 😢