Simon discusses the origins of the concept behind the book "Property Magic" and discusses the innovative strategy of buying property with none of your own money through a same day remortgage. 

After the method was largely unavailable following the 2008 financial crisis, he reveals that it has made a comeback, allowing investors to purchase properties significantly below market value and quickly recycle their cash

KEY TAKEAWAYS

• The concept of buying property using a same day remortgage has returned, allowing investors to purchase properties without using their own money by quickly refinancing after acquisition.


• Understanding and actively seeking motivated sellers—those willing to sell below market value due to personal circumstances—can lead to significant investment opportunities.


• Investors can utilise bridging finance to purchase properties for cash, which is then paid back through a remortgage on the same day, enabling a no-money-down strategy if the property is bought at a substantial discount.


• The property and mortgage markets are constantly changing, and it's crucial for investors to stay informed about new lending options and strategies to maximise their investment potential.

BEST MOMENTS

"I was able to buy that property 36% below market value... he avoided repossession, and he remained renting that property from me until the day he passed away."

"The mortgage market is always changing. And there is a lender who right now will do a same day remortgage."

"If you believe you can or believe you can't, you're absolutely right."

"Now is the opportunity. Take action. Come and secure that online training with me."

VALUABLE RESOURCES

If you want to learn more about Same Day remortgages register here: https://property.isrefer.com/go/SDRW/Podcast/

To find your local pin meeting visit: ⁠www.PinMeeting.co.uk⁠ and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20).

Contact and follow Simon here:

Facebook: ⁠http://www.facebook.com/OfficialSimonZutshi⁠

LinkedIn: ⁠https://www.linkedin.com/in/simonzutshi/⁠

YouTube: ⁠https://www.youtube.com/SimonZutshiOfficial⁠

Twitter: ⁠https://twitter.com/simonzutshi⁠

Instagram: ⁠https://www.instagram.com/simonzutshi/⁠

Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32.

Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003 ⁠www.pinmeeting.co.uk⁠   pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors.

Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way.  How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth.

Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book.

Simon launched his latest business, ⁠www.CrowdProperty.com⁠, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals.

This Podcast has been brought to you by Disruptive Media. ⁠https://disruptivemedia.co.uk/