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First Buy to let- ( Help ) ...Please
Hello, After some advice please. We are looking at a remortgage on our current home to finance the investment on the BTL. The property is roughly £120000. Been advised by a morgage broker to take 63k out of our current morgage to fund this. I have also been advised to set up as a limited company? And buy through the limited company. Question i have is this correct? Am I missing anything? Any advice would be great! Thanks everyone. Bradley.
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Cheeky offer
Just put a cheeky 90k offer on a house thats sat empty for a year via a note in door.... They just text and said thanks for the offer we are willing to except ha ha 3 bed house northeast best get my ducks in a row.... My offer was fair and i outlined to them their costs while its sitting empty is not in their best intrest. Win win
ROI is 74% and only requires £12k cash, no refurb
I've been literally stacking up lots of deals this week, @Rick Gannon and I have 2 deals in conveyancing, and 2 more in offers. We've just bought another. The ROI is 74% and only requires £12k cash to buy a block of 4 flats, with £8880 cashflow per annum, cashflows day one no refurb, tenants already in place. This is an unique period of time, landlords are exiting and selling based on old yields, you can get these deals for very little investment, due to ways we creatively finance them.
ROI is 74% and only requires £12k cash, no refurb
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