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Finance Help Needed to Buy Property

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  • Finance Help Needed to Buy Property

    I have a property valued at £160,000, I can purchase for £145,000. Rental would be £700 - £750. I am unable to fund this myself, is there anyone out there that may wish to help. I have a tenant willing to rent for at least five years.

    HELP NEEDED.

    Doc Holiday

  • #2
    If you are unable to fund this yourself then you shouldn't be doing it.

    I mean, seriously, in a market where property prices are falling and the mortgage market is drying up, what are you thinking??

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    • #3
      Originally posted by brian View Post
      If you are unable to fund this yourself then you shouldn't be doing it.

      I mean, seriously, in a market where property prices are falling and the mortgage market is drying up, what are you thinking??
      I agree. There's alot of money involved so it certainly pays to be cautious.

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      • #4
        I agree - yield doesn't look that great either.

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