X

Sign Up

or

By signing up I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Sign Up

Sign Up With Facebook, Twitter, or Google

or


By signing up, I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Log In

or


Don't have an account? Sign Up

Forgot Password

To reset your password just enter the email address you registered with and we'll send you a link to access a new password.


Already a PT member? Log In

Don't have an account? Sign Up

  • Buy-to-Let

    Cash Funding for Properties -- Please Can You Help and advise?

    Best to just ignore the quoted comment below. It matters little to the discussion and the accuracy is suspect to start with (as per Alan's comment).
    Securitization means something specific and it is not likely to be the situation described here. As it does not change how anyone would work with Alan/Greg there is no real need to worry about what the fund does with properties it keeps on its books.
    BTW - A 'hedge fund' is a very loose term. It can mean lots of things including a rich person with a company through which they invest. Do not get caught up in the terminology; focus on how deals are structured to make money (BTS or BTL).
    John Corey
    Follow me on Twitter-> https://www.twitter.com/john_corey
    https://www.ChelseaPrivateEquity.com/blog
    Alan Oliver said:
    If rent stacks nicely according to the Fund's requirements, then the Fund will keep the property for typically 5 years on a tenanted basis. These properties will then be securitsed (perhaps to a pension fund). I don't fully understand the terminology of the financial world - so my apologies. Best regards, Alan
    0
    0

    John Corey 


    I host the London Real Estate Meet on the 2nd Tuesday of every month since 2005. If you have never been before, email me for the 'new visitor' link.

    PropertyFortress.com/Events

    Also happy to chat on the phone. Pay It Forward; my way of giving back through sharing. Click on the link: PropertyFortress.com/Ask-John to book a time. I will call you at the time you selected. Nothing to buy. Just be prepared with your questions so we can use the 20 minutes wisely.

     

     

    Just wondered if any of those who had registered with Buy House had closed any deal with this cash fund?

     

    Is it still going?

     

    Companies House records indicate, at a first glance,  that Buy House appears to be in the process of being wound down

     

    Any feed back or update

     

     

    best

     

    Bengt

     

     

    0
    0

    Hi Bengt.

    We're still very much alive :-)   The Companies House record should be updated shortly.  We're attempting to "optimise" our Return before submission - but Companies House has started their countdown alarm!

    Now is probably a good opportunity for me to provide an update on our proposition. In addition to the Funds already mentioned above (and referenced by Julian Sampson), we now work with several other Funds.  These are all very diverse Funds including hard-cash, hedge funds, sovereign funds, private funds, commercial funds, investor co-operative funds, and so on.

    One of our newest hard-cash investors provides us with a truly awesome capability - a £150m cash float!  He's primarily interested within London M25, and there's truly no minimum or maximum price limits. Excitingly, he will transact sub-£500k resi deals within 2 weeks - exchanging contracts "immediately" if the deal is right. This is a great way for finders to earn quick money. As an example, we're due to complete a cash deal today that was visited and agreed 17 days ago (9 working days ago - Bank Holidays!). The finder will receive his Finder Fee of 5% of the discount as soon as we complete.

    This hard-cash investor is interested within M25 in: residential (tenanted, vacant, dilipated), commercial (primarily office blocks), development, portfolios. Nationwide (mainland) he's interested in high quality/location blocks of flats. Because of this guy's connections, he can form syndicates and transact multi-BILLION pound deals (hotel chains, office tower blocks in the City, etc.).  The catch... he needs at least a 30% gross return.

    Best regards,Alan, Buy House

    0
    0

    Will send you a Pm as I have one or two things that might inteest your fund

     

    Bengt

    0
    0