BRRR Dangers of Buy Refurbish Refinance Rent what the Gurus dont tell you

📌 Don't forget to subscribe to Niche Advice for the latest property finance insights BRRR – Buy Refurbish Refinance Rent – it’s lovingly known is a gearing process that has enabled landlords to amass properties down the year. In short, the concept of BRRR is proven and there have been many success stories however as the economic fall-out from the pandemic filters through equity buffers will be vital to fall back on. In this video, Payam Azadi discusses the pitfalls of having high mortgage payments and how mortgage lenders assess the performance of the whole portfolio in the background and not just the property you are looking to finance. #BRRR #DangersofBRRR #BuyRefurbishRefinanceRent ++++++++++++++++++++++++++++++++++ To subscribe to this channel click on the link below https://www.youtube.com/channel/UCWu0TaWlZ4z6mFknWxpJshw?sub_confirmation=1 ++++++++++++++++++++++++++++++++++ If you're looking to get Buy to Let Mortgage using the Buy Refurbish Refinance Rent BRRR Strategy you can contact Payam Azadi at Niche Advice https://www.nicheadvice.co.uk/contact... T:0207 9932044 www.nicheadvice.co.uk ++++++++++++++++++++++++++++++++++ THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME OR PROPERTY. A mortgage or other loan secured against your home or property may be repossessed if you do not keep up repayments, or if you do not repay it at the end of the term. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the term of the debt and increasing the total amount you repay. Niche Advice Limited is a mortgage and credit broker, not a lender, and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA Firm Reference Number: 750263. The Financial Conduct Authority does not regulate every mortgage or secured finance product. Commercial mortgages, business buy-to-let mortgages and some bridging finance are not normally regulated by the Financial Conduct Authority. Consumer buy-to-let and regulated mortgage contracts are treated differently, and the protections available to you depend on the product, the borrower, how the property is used and your circumstances.