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snappyfish

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About snappyfish

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  1. Thanks for all your replies. I guess I'm just thinking and asking random things no real plan down yet. I just like the idea of a career change into property. I'd like to move from my current trade if I can. I like the idea of renting my place which has less than 2k outstanding mortgage. And trying to buy another run down property live in it while doing it up and try to sell for a profit.
  2. This is my plan, I'd like to try this and keep going. But I'm here to ask for advice and to learn about this game.
  3. No I don't have cash to buy outright. I have savings of 40k I would like to achieve a new income in property.
  4. So going ahead with a plan like this. I buy a run down property. Then is 6 to 12 months. How would I move forward? But im almost mortgage free on my current home so why a BTL mortgage again?
  5. So before COVID 19 I had some ideas floating around in my head. I am a home owner and will be mortgage free in in a few months. My property was valued at 200k its a small 2 bed end terrace bungalow with some space at side for a extension of around 6x4m. My currently line of work brings in around 20k to 25k after tax. I'm self employed. I have been in my current trade 28 years. I would like to get into property, being single I don't mind living in a place I could refurbish. Maybe I could rent my place after improvements? Any ideas welcome considering the current state we
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