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Can I make a living flipping with a 70k pot?
emmajayne posted a topic in General property discussion
Hi i have my own mortgaged property near London that I was going to sell to give me a 200k pot to move up north and flip in the summer (my son starts school in sept so we need to move this year) however the market value has gone down by 50k in the last 18 months so I could remortgage in a 5 year buy to let deal, just about break even with the new tax rules, and have a 70k pot to flip up north? Would you sell or buy to let if you were me? Thanks for replies, appreciated!