Listen and Subscribe: Spotify | Apple Podcasts | YouTube
When it comes to property development, it is not always possible to access the full amount of equity in a property. Equity is the difference between the value of a property and the amount of debt that is owed on it. Accessing equity can be a powerful financial tool for property development projects, but it is important to understand how it works and the different ways to access it.
Ultimately, equity can be a great way to create wealth. It can be used to purchase additional property, finance development projects, or pay off debt. However, it is important to understand the risks involved and to ensure that the loan is affordable and can be serviced before accessing equity.
In this week’s episode, Bob and Hilary talk about leveraging your equality for property development. They explain what equality is, how to calculate equity and the different ways to access it. So if you are still trying to figure out how to use equity when it comes to your property development, you won’t want to miss this week’s episode!
_______________________________________________
We have our 3 day online workshop coming up (May 24 25 26). These workshops are life changing and if you love property, then you should be there! To learn more about this workshop, click here.
_______________________________________________
Episode Highlights:
- Leveraging your equity for property development [03:06]
- How do people get around servicing their equity? [05:43]
- How do we make it less scary? [14:38]
- This isn’t too good to be true [16:46]
- How much do you need? [17:37]
- Does it take a lot of work? [24:18]
- Online workshop [29:28]
