Buy to let

Thinks89

I have some money saved (although not much)which I want to put into buy to let properties. I don’t want a high mortgage and want to make a good return each month. Can you tell me what Websites advertise repossessed home? How do I know that a house is being repossessed?

hazyjo

You really think that's good timing?! What other investments have you considered? Why do you think BTL will be a good idea?

There are no sites advertising repossessed properties. They'll be on RM along with all others. Look within your price range and buy accordingly. That may or not be a repo.

dimbo61

A repo might be a terrible BTL property.
Wrong location, wrong layout, No parking, poor layout, 
Poor construction, and EPC rating of F or G.
You have much to learn first

bigmortgage

Don't forget it's a massive industry like any other. You will be up against seasoned investors who can get repairs done cheaper, quicker and probably better than you, increasing value to the property from when they buy it. They will also see risks that you won't. They will have a big competitive advantage over you. It's not easy money. Best buy a property from an average seller in good condition.

Murphybear

There are loads of sites that have tenanted properties for sale.  Far more landlords looking to sell rather than buy.   I have no idea how the CV will affect this though.