UPI 216: Banks Will Lend You Money To Buy a Property, Even If It’s a Dud

Is the bank fooling you into believing your next asset is the right one? Banks often lend to investors, well-knowing that the asset is bound to decline.

 

Don’t be tricked by the banks and suits, learn all about how they are duping investors around the globe, and how to get your information the right way in this episode of the Urban Property Investor. 

 

I discuss – 

 

4:08 – Valuation Distortion

 

5:11 – Banks Are Happy To Lend On Risky Assets

 

13:22 – Banks Won’t Tell You It’s A Bad Investment

 

23:05 – How The Banks Will Screw You

 

Don’t hesitate to hit me up on Facebook @SamSaggers. DM me any of your questions 🙂

 

If you’re yet to subscribe, be sure to do so on your favourite channel. 

 

Apple – https://pre.fyi/upi-apple

 

Spotify – ⁣⁣https://pre.fyi/upi-spotify

⁣⁣

Google Podcasts – https://pre.fyi/upi-google

 

YouTube – https://pre.fyi/upi-youtube

 

And remember, I’m really good on 1.25 or 1.5 speed 🙂

 

Take care, 

Sam

About the Author
Sam Saggers grew up the poorest kid in the richest suburb of Sydney. But that’s a story for another day (which he unpacks on episode one). Sam’s work in real estate is rather unmatched; he has helped over 7500 property investors get a leg up in real estate through his work as a property investor.