Refinancing

You are here : Member Forums Property Investment Refinancing
This topic has been locked as no posts have been made within the last 90 days.
Forum Avatar
Ed Syrett
19 Posts
0 Thanks
Dear All,

I'm reading more and more about the buy-to-let market increasing because landlords can more easily access mortgages etc.

I have purchased outright one of my properties for 125k, and pretty much most of the rent goes into my pocket apart from a few maintenance bits and pieces. In other words, I haven't got a mortgage on the property.

How do you all do this? Do you mostly get a btl mortgage to finance the house purchases? If so, presumably you're on a much lower profit margin that I am, but you're relying on the value of property increasing?

I was just thinking that I could probably raise 80k on my property and put that towards another property?

Any comments/advise welcomed.

Thanks,

Ed.
28/08/2013 12:31

Want to read more?

This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.

This topic has been locked as no posts have been made within the last 90 days.
Landlord & Investment Show
Martin Co
Six Hills House
Landlord Broadband

Share this page