Hi All,
I'm 31 with a steady salary, and am living in rented accommodation. I have a 3 year saving plan towards a deposit for a house, but I want to buy an investment, not a place to live in. My longer goal would be to eventually buy a residential mortgage for myself, paid for by rental income from assets.
My questions are:
Am I realistically going to get a buy to let without having a mortgage of my own?
Is it unheard of to have a small property portfolio whilst living in rented accommodation? I.e. does it not make financial sense for any reason?
Does anyone have experience with trying to