When stacking a new deal, you will be prompted to select a deal type.
Here is an explanation of the different deal types:
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Flip: Use this deal type when you’re planning to buy, develop and sell.
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Multi dwelling: Use this deal type when you’re buying one property or piece of land, and converting it into multiple dwellings. This would include the development of multiple new houses on a piece of land or converting an office building into a number of new apartments.
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House in multiple occupation: Use this deal type when you’re planning to buy, develop, refinance and rent the property to a group of tenants e.g young professionals or tenants.
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Rent to rent: Use this deal type when you’re planning to rent a property, in exchange for paying a guaranteed rent to the landlord and then sub-letting the property, at a sufficiently inflated price to ensure that you can cover all your costs and turn a profit.
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Rent to serviced accommodation: Use this deal type when you’re planning to rent a property, in exchange for paying a guaranteed rent to the landlord and then sub-letting the property, on a short-term basis, using platforms such as AirBnB. You will need to generate enough revenue each month, to cover all your costs and turn a profit.
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Single let: Use this deal type when you’re planning to buy, develop, refinance and rent the property to a family.
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Serviced accomodation: Use this deal type when you’re planning to buy, develop, refinance and rent the property on a short term basis, using platforms such as AirBnB.