Help ... I Don't Have Enough Equity – Novel Strategies to Use Bank of Mum and Dad | Ep. 427
In this episode, we discuss particularly novel strategies to tap into the Bank of Mum and Dad, with a focus on how to set these agreements up right.
One of the novel strategies discussed is the idea of getting grandparents or parents to take out a reverse mortgage and then use it as the deposit for a property. We discuss the perceived pitfalls of this strategy and then detail a few alternatives that you might like to try before you go down that route.
We also mention our upcoming webinar on how parents can help their children get into the property market ... and how kids can help their parents as they near retirement. This is happening on the 17th of November, at 7pm. Click here to register for the property investment webinar.
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