In this episode, we tackle the "Earn Baby Earn" strategy for self-employed individuals, small business owners, and commission earners aiming to get their mortgages approved.
We define what this strategy is, how it works, and why it might help you borrow more from the banks.
Through a case study, we illustrate how one couple, Lucy and Nathan, successfully used this strategy to get their loan approved despite initially failing to meet the bank's requirements.
Main Points Discussed:
- The "Earn Baby Earn" strategy explained
- Actual vs. Bank perceived income
- Advice for commission earners seeking a mortgage
- The potential of the "Earn Baby Earn" strategy for prospective property investors
Links Mentioned:
The Property Academy Podcast