buying property

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I have 40% deposit to put down with an excellent rental income - 2 and half times the mortgage ! Would it be good for investment purpose? Any advice would be greatly appreciated, thank you.

Avoid foreclosure
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If you are investing for cashflow, then yes.

If you are investing for cap growth - no-one knows. Look at the area; infrastructure, employment opportunities, amenities etc.

Cheers,
Marc.
erardent@hotmail.com

"we get sent lemons; it's up to us to make lemonade"

Yes, don't just decide on rent.

What if the place was a dud and the rent didn't go up for 10 years.

You want some capital gains - probably more so than rent. CG will make you rich,

Terryw
Finance Broker
Solicitor