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Need finance help

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  • Need finance help

    Hiya all,
    I have bout 20k deposit, am looking to buy a run down property(possibly at auction), do it up myself(am joiner n have done a self build so experience not a problem!). Would then look to re-mortgage to release enough equity to do another and hopefuly keep goin, does this sound feasable? Am strugglin to find a suitable property at mo tho!

  • #2
    Re: Need finance help

    Potentially feasible if:

    1. You have plenty of money
    2. You have plenty of time
    3. You have reliable contractors


    • #3
      Re: Need finance help

      As I said I hav bout 20k,
      Hav plenty of time,
      Hav excellent team of reliable contractors!
      Just need some luck eh??


      • #4
        Re: Need finance help

        Hi moxard777

        The 20k you have? is it all for a deposit, or will it also cover refurbishment/renovation costs?