In this second part of how to become a property developer, Liam takes a deep dive into funding, and how you can get started using none of your own money!

KEY TAKEAWAYS
There are many companies in the Uk who specialise in lending developers money in order to go and do deals. This is know as development funding.
Banks will typically lend you 75-80% loan-to-cost. For example, if the total cost of development comes to around £1,000,000. £750,000 to £800,000 could come from a bank, which means you need to find £200,000 to complete a million pound development.
The bank will want to make sure that you, your investors and your partners have an element of risk in the scheme. This is known as "skin in the game"

 BEST MOMENTS

'The fact is, you can become your own developer using OPM - other people's money!'

'People call me the money man in property, and if I can do it, then you can do it'

VALUABLE RESOURCES

The Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan

Assets For Life - https://assetsforlife.co.uk

ABOUT THE HOST

You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you.

Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life

CONTACT METHOD

Instagram - https://www.instagram.com/liamjryanwealth/

Facebook Page - https://www.facebook.com/LiamJRyan.AFL

Facebook Personal - https://www.facebook.com/profile.php?id=100010124928017

In this second part of how to become a property developer, Liam takes a deep dive into funding, and how you can get started using none of your own money!
KEY TAKEAWAYS
<ul>
<li>There are many companies in the Uk who specialise in lending developers money in order to go and do deals. This is know as development funding.</li>
<li>Banks will typically lend you 75-80% loan-to-cost. For example, if the total cost of development comes to around £1,000,000. £750,000 to £800,000 could come from a bank, which means you need to find £200,000 to complete a million pound development.</li>
<li>The bank will want to make sure that you, your investors and your partners have an element of risk in the scheme. This is known as "skin in the game"</li>
</ul>
 BEST MOMENTS
'The fact is, you can become your own developer using OPM - other people's money!'
'People call me the money man in property, and if I can do it, then you can do it'
 VALUABLE RESOURCES
The Dealmaker Podcast - <a href="https://omny.fm/shows/the-deal-maker-by-liam-ryan">https://omny.fm/shows/the-deal-maker-by-liam-ryan</a>
Assets For Life - <a href="https://assetsforlife.co.uk">https://assetsforlife.co.uk</a>   
ABOUT THE HOST
You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you.
Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life
CONTACT METHOD
Instagram - <a href="https://www.instagram.com/liamjryanwealth/">https://www.instagram.com/liamjryanwealth/</a>
Facebook Page - <a href="https://www.facebook.com/LiamJRyan.AFL">https://www.facebook.com/LiamJRyan.AFL</a>
Facebook Personal - <a href="https://www.facebook.com/profile.php?id=100010124928017">https://www.facebook.com/profile.php?id=100010124928017</a>

You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you. 

We are very grateful to have hit #16 in the Investing category on iTunes within our first 24 hours of launching! Thank you to all our initial listeners, and also thank you for your support if you're listening for the first time.

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