Hi all.
I currently have 2 BTL both tenanted and doing OK. I've recently been extremely lucky to get a windfall of 129k
I was working freelance but I've stopped that ATM to focus on a property strategy. I have two in mind
I live up North so my goal is to initially replace an income 1600/2k will be enough for me then in 5/8 years assess any equity for refinance etc.
The two strategies I'm thinking is
1) buy cash 80k ish refurb, refinance and pull as much as possible
2) buy 3 off the peg ready to rent and get the cash coming in.
I know the pros to recycling