Building a portfolio with HMO , 0% credit card and JV with Family

[keunglee 2]

Hello,

 

I'm keen to get started in property investing. Have a 5 year plan to gain £2000 net rental income a month.

 

From my research I won't be able to get a HMO mortgage without a minimum of 6 months as a BTL landlord. So would it be correct for me to get a low cost BTL that generates positive cash flow then get a HMO property later. 

 

Have little saving and £25k salary, whats everyone's ideas on raising a deposit using 0% interest credit card?

Also parents have 1 rental property with no debt attached to it and would like to invest in another property, how can i structure the property so that both of us can grow our portfolio?

 

Keung