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05-30-2008, 01:34 PM
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There should be no problem with that strategy if you can find a mortgage lender who will remortgage the property as soon as your have finished refurbishing it. In todays market that might be a difficult call, but if you can wait 6-12 months before remortaging then providing the rents can cover then again there should be no problem. Why not contact an IFA / Broker and see whats on offer, probably not alot at the moment.
That said, todays problems are tomorrows opportunities so if you stay in touch with the property market and have to wait for it to bottom out then things will come your way eventually.
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Mark To view links or images in signatures your post count must be 15 or greater. You currently have 0 posts. | To view links or images in signatures your post count must be 15 or greater. You currently have 0 posts. 
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06-15-2008, 02:40 PM
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NMD Exposed
Hi,
I can 100% recommend MarkT's report; NMD Exposed. I have bought it and consider it a well written objectional view of the pro's and cons of buying property NMD. If you are new to this concept, like me, then this is an essential piece of literature, particularly the Tax implications when using this technique. Kind regards Angie
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07-09-2008, 11:23 AM
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BMV no money down deals are over Mortgage Express pulled the rug 3 months ago. Loads of property investors with no equity are in it upto thier necks and more. We get enquirys all the time from proffesional landlords (ha what a joke 20 properties maxed out with just enough incometo cover the mortgage) all the time, sorry cant help. Good new for FTB's prices are going to get a lot cheaper and if you dont mind living in a new build flat should be 50% off at auction.
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Whole of market To view links or images in signatures your post count must be 15 or greater. You currently have 0 posts. and mortgage quotes
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07-31-2008, 12:23 PM
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Becky is right. It is all about finding the correct discounted property. I`ve just read the a really good, exciting book on Property Investment called "Make Cash in a Property Market Crash" writen by Rob Moore and Mark Homer of Progressive Property. If you want help on how to buy great deals at the moment I would definately recommend you read this book. It`s helped me find some real jems.
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