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Hi guys, 

This is my first post in the forum! A bit about me and my situation to begin. I'm 24 and live in Chelmsford, Essex. I bought my own flat BMV in May 2018 and have just completed a full refurb on it to add value. I am hoping to finance to the new value and pull out equity to invest in April 2020 when my mortgage product runs out. I have also saved £17k cash that I am looking to put towards a BTL investment now. 

I am investing mainly for cash flow for the time being. I'm a fitness instructor and teach around 20 exercise classes a week as well as seeing sports massage clients, teaching swim lessons and managing a gym in central London. My job is very physically demanding and I want to have a revenue stream from property that I could fall back if I were to get injured and be unable to teach.

I have been concentrating my search in Liverpool as it has seen a lot of growth and development in recent years but is still cheap enough that I can afford a starter two bed terrace or apartment, around £60k. I am going up on Monday to visit but am looking for some insider knowledge before my trip as all my own research is producing contradicting views on how rough some areas are! 

I have booked to view some properties in Bootle, Wavertree and Wallasey but have heard mixed reviews about all three areas (which I suppose is understandable as they are clearly the cheaper areas of the city). Do any of you currently invest or live in these three areas? Have you experienced any problems with tenants or struggled to let out properties in these areas? Are there any other postcodes I should be looking in to with my £60k budget?

Any advice would be massively appreciated :) 

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