BTL - Your problems answered by Agony Aunt

mystic_trev

I recently bought 31 new two-bedroom flats from a series of property developers for £7.5 million despite never having seen any of them. The idea was I would do no research, have no idea about the property market, they would manage them all for me, I would do no work whatsoever and I would become a millionaire. It all seemed very straightforward to me. So I did not put down any deposits and borrowed all the money from the bank at a silly interest rate. Now it appears my flats are worth nothing and I can’t rent them out to cover my interest bill. My bank is going to repossess all the flats and then my house and my car. It says I will still owe them £3.5 million and so will have to hand over my wife and my 15-year old daughter for the chief executive to use as he pleases. Might this explain the sudden and early onset of impotence?
Flaccid,
Flaxborough.


Petula says: Dear Flaccid,
I am not sure whether your current situation is sufficient to explain your impotence. However, it certainly suggests you are fcuked. You lazy, stupid, greedy, b@stard.

http://www.thedailymash.co.uk/features/agony-aunt/your-problems-solved-2007041157/

mystic_trev

AAAAAAAAARGH Wrong Forum meant for Housebuying!