Would like to buy to refurbish and sell on.
Would like to get on the property ladder and earn a profit by doing so, don't know how to get started.
Asked on Aug 21 2010,
House Prices in Lisburn |
First check you can afford to buy a house by going to see a mortgage brooker at any estate agent, that first appt will be free. You tell them what you have saved for a deposit, how much you earn and all your debts (such as car loans etc), they tell you what you can afford.
Once you know that, go looking at houses. If you are good at diy, look for for tired houses, not wrecks. Then look what tarted ones sell for and work out what the tired one will cost to bring up to that standard, take off your profit and that is what you offer......
Answered on Aug 22 2010,
Start by researching the areas you are interested in and go to house auctions and get on to local estate agents for first dibs on what comes on to the market. I agree with above, don't choose wrecks, choose tired and cosmetically dated houses. If buying at auction, make sure you view the house you are interested in before you buy.
Best of luck.
Answered on Aug 25 2010,
I carry out building services in London. I have a post graduate degree in Engineering. Due to the sharply increasing in the number of first time home buyers: I am looking for one investor to profit that market by buying/refurbish/sell. It would be, the investor buy a tired house, I will carry out fully the refurbishment and when the property is sold, i would look for a 5-10% on the net profit.
I would support the purchase from choosing the location and give a thorough quotation of work required to recover it, this would be at very low cost,basically labour and materials, as my intention is to get a 5-10% on the net profit after it is sold.
I have carry out a lot of refurbishment works in London with great reviews, which can be check on my web site.
Note: the investor would act like a buyer,and , of course, would be the owner until the property is sold.
If you think it works, do not hesitate to contact me.
Web reference: http://enginart.blogspot.co.uk/
Answered on Nov 23 2013,
Looking for property that requires refurbishment
Answered on Jun 8 2015,
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