HI all
I have a small portfolio built up over last 4 yrs
Prop 1 Valued at 90k (rics) currently mortgage free- rents at £475 pcm
Prop 2 Valued 72k (mortgage 55k) rents out at £450 pcm
Prop 3 value 80k (mortgage of 72k) rents at £450 pcm
I wish to increase portfolio steadily and slowly as im not a huge risk taker. I was considering freeing up some of the cash in prop 1 to purchase 1 or 2 other props.
I also have 20k in bank for emegencies/repairs/voids etc.
How would you move your portfolio forward and would you do it now??
Thanks
Paul