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Mr Honourable Dim (but exceedingly rich) crustacean,
I have this plan to buy loads of BTLs and rent them out. I would like £100K for a 5% share equity in my potential property business in order to fund the deposits. Your returns will be infinite.
Mr Honourable Dim (but exceedingly rich) crustacean,
I have this plan to buy loads of BTLs and rent them out. I would like £100K for a 5% share equity in my potential property business in order to fund the deposits. Your returns would have been infinite.
BTL is fine if you've got a large enough stake to secure a good interest rate and aren't after short term gains.
"I hope Celtic realise that, if their team is good enough, they will win. If they're not good enough, they'll not win - and they can't look at anybody else, whether it is referees or any other influence." - Walter Smith
You're still going to make a gain if you buy now or in 3 years, the only difference is in your percentage. In fact, the last BTL I bought at the height of the market will still return me a huge gain compared to my initial stake in 25 years.
You want short term gains, play the stock market. You want an alternative to your pension, BTL.
"I hope Celtic realise that, if their team is good enough, they will win. If they're not good enough, they'll not win - and they can't look at anybody else, whether it is referees or any other influence." - Walter Smith
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