Jump to content

adam t

New Member
  • Content Count

    1
  • Joined

  • Last visited

  1. Current position. My mother owns a house outright that she wishes to sell. It has been valued at £300k. I've offered to buy it. I want to start a portfolio. Essentially what I'm getting is a market value house/plot with a £300k deferred payment which is payable on completion of my project. In an ideal world, Id like to knock it down and build a set of three terrace houses on it, sell two to cover the cost of the build and pay my mum, then rent the 3rd one. Obviously this plan depends on getting my maths right and understanding all of the costs involved. Ive no idea where to
×
×
  • Create New...