Hi everybody,
I'm quite new here. I'm from Amsterdam (Netherlands) and living now for about 4 years in the Milton Keynes area.
I studied the English market for a couple of months and want to start investing.
Is there anybody who is interested helping me with a 100% loan for up to 6 months? Or can somebody advise me a mortgage broker who can act quick?
The info:
Repossesion property Milton Keynes:
.
3-bed.
It's on the market for 128,995.
Market value 150,000 (several comparables).
Put an offer in for 100,000.
Estimated rent after refurbish: 795 - 850.
Needs refurbishing for approx. 5,000 - 10,000.
I've got no deposit. I will do most of the refurbishing myself and want to keep the property as a BTL, using the equity for buying other properties.
I need 5,000 cashflow after completion/refurbish/letting it.
Kind regards,
Pieter