Hi
I bought a house last week which, initially I wanted to renovate and then sell on. Dingbat me has now fallen in love with it and wants to add it to the portfolio. My problem is that I will need to raise as much money as possible, so I can move on to the next project.
My purchase price was £140k and the resale should be £180K (after renovations). I bought property cash but I don't want to wait 6 months until I remortgage.
Any ideas? Or should I forget about keeping it?
Many thanks
Claymore
I bought a house last week which, initially I wanted to renovate and then sell on. Dingbat me has now fallen in love with it and wants to add it to the portfolio. My problem is that I will need to raise as much money as possible, so I can move on to the next project.
My purchase price was £140k and the resale should be £180K (after renovations). I bought property cash but I don't want to wait 6 months until I remortgage.
Any ideas? Or should I forget about keeping it?
Many thanks
Claymore