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Author to buy or not to buy
3CorsaMeal
Member

Registered: 11th Apr 02
User status: Offline
5th May 05 at 22:27   View User's Profile U2U Member Reply With Quote

i have lots of plans
stuartmitchell
Member

Registered: 24th Apr 04
Location: Kirkliston, Edinburgh
User status: Offline
5th May 05 at 22:49   View User's Profile U2U Member Reply With Quote

do it mate, my old man is thinking about selling the house and buying 5 or 6 flats and renting them out, property is a sound investment Colinton mains seems to be a good area
JJ
Member

Registered: 20th Apr 00
Location: Northern Ireland
User status: Offline
6th May 05 at 00:28   View User's Profile U2U Member Reply With Quote

I do this... For my next move to try n get outta the 15% depo I am goin to try n get a normal morgage for 100% for the property, while im doin it up gettin it ready for rent, then 3 months in i can change to buy to let and thus get round the 15% depo at the start... fingers crossed, that will be numer 4
GT4Brody
Member

Registered: 26th Sep 01
Location: south
User status: Offline
6th May 05 at 07:58   View User's Profile U2U Member Reply With Quote

You already got a mortgage adam? i have thought about going into the "buy to let" market but already have a 120k mortgage and think i would struggle to get another even if it was on a interest only basis....

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