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Get Invested: Godfrey Dinh on investing in Futurerent

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Synopsis

One of the biggest barriers to growth for property investors is access to cash. So if you’re out of savings, equity or ideas, what can you do? Our guest Godfrey Dinh shares his insights. If you’re an investor who wants to build your portfolio but have hit a cash wall, you could start saving furiously by living on a budget of baked beans and dog food … but this is likely to take years unless you’re getting large lumpy and consistent bonuses. You can wait for your existing properties to go up in value sufficiently to create the equity deposit, but this generally takes years as well. You can roll the dice and investigate the time and headache of refinancing with the possibility that another lender’s valuation will come in higher and give you enough equity for your next deposit. Or there’s risky loans from family or friends, expensive personal loans or selling one of your existing properties, but all of these strategies are fraught with danger. So what do you do? This is where Godfrey Dinh and his disruptive indu