We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
BTL for my Baby
Comments
-
I have btls and hope to know the mortgage market relatively well... I have to put down 25% atm to get a half decent rate... So 10k = 40k property.
Yes you can get them but they tend to be in poor areas in which refurb costs will be high, you will have high tenant turnover etc...
I like the idea of starting a business for a baby but I think you should do it for yourself rather than your kid... Then gift it to her in 18 years... If you like her lolMy Goal: From 1st of Jan 2015 to 31st of December 2015 is to save 30000.
48.78% towards 2015 target.
105.3% towards 2014 target. :j0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards