That’s exactly what one Sourced Property Partner recently achieved by leveraging the funding opportunities available through Sourced Financial Services.
The deal started with the purchase of a property for £90,000. It was a great below-market-value opportunity, with a clear strategy from day one. Just 60 days later, the property was refinanced at a new valuation of £115,000. Thanks to the uplift in value and access to the right lending partner, the investor was able to pull £89,000 back out of the deal.
In simple terms, they went from £90,000 out of pocket to having almost their entire investment returned within two months, while still owning a property worth £115,000!
This kind of result is difficult to achieve with traditional high street lenders. Most banks require investors to own a property for six months before they’ll even consider refinancing. And even then, they often base their lending on what you originally paid, rather than what the property is actually worth today.
This is where Sourced Financial Services makes a huge difference. Our Property Partners have access to specialist lenders who look at the real value of the property, not just the purchase price. They’re also comfortable moving quickly when a deal stacks up, meaning investors can unlock their equity far sooner and move on to the next opportunity.
For Sourced Property Partners, this is a real advantage. Access to our in-house brokerage is included as part of the partnership package, so they can secure tailored funding solutions without paying external broker fees.
It’s all part of the Sourced ecosystem, built to remove roadblocks, speed things up, and help investors scale their property portfolios with confidence.
Want in on the opportunities? Find out more here
Author
Chris Kirkwood
