How to find, analyse and fund below market value property

Finding a property below the asking price is one thing. Knowing whether you’ve found a good deal is another.

Below market value (BMV) property can give you more room in the numbers. But only if you’ve checked the valuation, allowed for the costs and worked out what you’re going to do with it.

Join us for an hour as we get into where to find potentialBMVdeals, how to assess them and what your funding options could look like.

We’ll be joined by Rory Kenny, one of our brokers at Sourced Financial Services, to work through a BMV deal example, from purchase price, refurbishment and fees to funding costs and potential exits. Drawing on deals we’ve seen this year, we’ll explore what makes the numbers stack up, what lenders look for and the pitfalls that could eat into your return.

And you don’t have to buy every deal you find. We’ll also cover how sourcing suitable opportunities for investors can earn you a fee, and how Sourced partners build a business around it. That includes support from a Personal Business Manager, Deal Analysts who review their deals and our in-house brokerage to help explore funding options.

What we’ll cover

• Where to look forBMVopportunities, from motivated sellers and chain breaks to auctions and properties that aren’t shifting
• How to check market value and tell whether the discount stands up
• A worked deal example, with the costs included
• Funding options, including bridging and refinancing, and what lenders will look at
• How sourcing deals for investors works and where your fee comes in
• The warning signs that a deal looks better than it is
• How Sourced helps you put the training, systems and support behind your own property business

Who’s it for?

Thinking about starting a property business alongside your job, or ready for a change of direction? This session will give you a closer look at what’s involved.

Already investing? Join us to sharpen your sourcing skills and get more confident assessing opportunities.

We’ll finish with a live Q&A.