S
shina
Member
Hi,
I have few questions I would like to ask before heading forward with bulding my property profolio.
1. I wonder if it'll be better to purchase 1 property in an area like Cambridge or London in opposed to 3 in an area say like Peterborough. the goal is to generate the highest cash flow as possible and on the other hand to gain capital growth profit.
2. Would it be better to but properties that need doing (cosmetic things) and try and get them BMV or better to go for properties that are ready to rent straight away?
3. should we use interest only mortgages or better to go for re-payments?
Or maybe a mix of both?
The main goal is to start and build property profolio and buy more properties.
Would be happy to hear peoples approaches and strategies.
Best regards,
Shina
I have few questions I would like to ask before heading forward with bulding my property profolio.
1. I wonder if it'll be better to purchase 1 property in an area like Cambridge or London in opposed to 3 in an area say like Peterborough. the goal is to generate the highest cash flow as possible and on the other hand to gain capital growth profit.
2. Would it be better to but properties that need doing (cosmetic things) and try and get them BMV or better to go for properties that are ready to rent straight away?
3. should we use interest only mortgages or better to go for re-payments?
Or maybe a mix of both?
The main goal is to start and build property profolio and buy more properties.
Would be happy to hear peoples approaches and strategies.
Best regards,
Shina