In this video I talk about what a remortgage/refinance actually is and how it can make you millions. I talk about why you should refinance and the positives about remortgaging, the downsides of refinancing, I also explain how remortgages work and how you can go about refinancing your property.
Remortgaging is quite complex so in this video I go through it step by step and explain exactly what happens when you do a re-mortgage and how you can 'cash out refinance' and take out a larger mortgage than your old mortgage and be left with spare cash to spend.
Refinancing can really help you on your property investment or property investing journey as it can unlock capital for future rental property purchases.
What is a refinance - 00:00 - 01:18
Benefits of refinancing - 01:18 - 03:18
Downsides to refinancing - 03:18 - 05:35
How refinancing works - 05:35 - 11:09
Easy explanation (whiteboard version) - 11:09 - 12:28
How you can refinance - 12:28 - 13:27
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The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
This is not an advertisement of property for sale and shall not be construed as anything other than an opinion for entertainment purposes only.
Inspired by Graham Stephan, Meet Kevin, Shaf Rasul, Andrei Jikh, Nate O'Brien, The Credit Shifu and more
#RemortgageExplained #RefinanceExplained #Mortgage
Remortgaging is quite complex so in this video I go through it step by step and explain exactly what happens when you do a re-mortgage and how you can 'cash out refinance' and take out a larger mortgage than your old mortgage and be left with spare cash to spend.
Refinancing can really help you on your property investment or property investing journey as it can unlock capital for future rental property purchases.
What is a refinance - 00:00 - 01:18
Benefits of refinancing - 01:18 - 03:18
Downsides to refinancing - 03:18 - 05:35
How refinancing works - 05:35 - 11:09
Easy explanation (whiteboard version) - 11:09 - 12:28
How you can refinance - 12:28 - 13:27
Buy bitcoin using Coinbase here - https://coinbase.com/join/smallb_1u?src=ios-link
Social media
Instagram - ThomasJamesYT - https://instagram.com/thomasjamesyt
TikTok - ThomasJamesYT - https://tiktok.com/ @thomasjamesyt
Subscribe for more related content - https://youtube.com/c/ThomasJamesPropertyInvesting
The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
This is not an advertisement of property for sale and shall not be construed as anything other than an opinion for entertainment purposes only.
Inspired by Graham Stephan, Meet Kevin, Shaf Rasul, Andrei Jikh, Nate O'Brien, The Credit Shifu and more
#RemortgageExplained #RefinanceExplained #Mortgage
Love this video. Very informative. I have added value to to my property and I wanna refinance soon to invest in other properties. However, I have always been advised to to refinance the residential home a guess it is a means of security but I want to invest the money so Mabe it is worth the risk not sure. Still doing research to see how it may benefit me.
Good vid this, very straight forward. Thanks!
Great video James 👍
Hi Thomas, could i ask what are the bank and solicitor fees that are likely to be incurred if i were to consider refinancing?
Great vids! Much better content than all of the furus. Do you mind me asking what house number you are onto in this process?
Another great video! I think refinancing is definitely something that is underused by most people who aren't property investors. I think refinancing is a very important way that you can build up a property portfolio quickly if done correctly!
Heyoooo!
You churning out the vids like you're on a mission. Good on your consistency.
Let me know if you have any questions about remortgages that i haven't answered