
Residential BMV
Property Investment
Wednesday 8th of September 2010
Residential Property Investment
Buy To Let Advice For 2009 ...
Residential property investment in the late 90’s had a fantastic return for everyone who jumped on the wagon, but now in 2009, the outlook for buy-to-let residential investment is not so clear.
Opinion on residential property investment is very divided, considering the current economic climate.
Buy Residential Property Investment At 15% Below RICS
In today's tough economic climate the last thing you want as an investor is buying a residential property investment that you struggle to rent.
Cash flow is 'King' in this market and a no money down deal, or even a cash back deal, can quickly cost you money if you are paying the mortgage for even a few months without rental income.
Plus, if you need to spend money on a new kitchen , bathroom etc., just to get the property into 'ready to rent' condition ... that could easily cost you £1,000's.
ONEPORTFOLIO and a select group of our regional partners have therefore
teamed up to offer what we believe is one of the best residential property investment sourcing, tenant
finding and management services available.
You get residential property at a genuine 15% below RICS, in 'ready to rent' condition, we tenant the property for you within 28 days, or we pay your mortgage, and we offer a full management service.
If the property is not tenanted on purchase we will start to market your property immediately upon reservation and we aim to have a tenant sourced within 2 weeks of completion. If not ... your mortgage cost is paid by us!
Average net rental income after mortgage will range from £100pcm to £200pcm.
Typically your total 'cash in' required to purchase - which includes your 15%
deposit & all legal and purchase costs - is from just £20,995 to £30,770.
You pay a pre DIP reservation fee of c£500 which is refundable if you are unable to obtain a mortgage for your residential property investment.
If you obtain a DIP the balance of the purchase funds are payable pre valuation which is refundable if the RICS valuation does not 'stack' to that stated in the deal.
Subscribe To Our Residential Property Investment Deals NOW.
Best Regards,

Colin Parker
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