If You Don’t Like Debt, You SHOULDN’T be in Property
Does that sound a bit harsh? Perhaps, but the reality is that for most of us, if we want to advance our property goals and build our portfolio or our property business, we will need to take on debt. And, in the scheme of things, a lot of it. Unless we have massive cash reserves of our own saved away.But I’m guessing most of us don’t. Even a “cheap” property is expensive, in absolute terms – it’s all well and good saying that a typical property that I purchase in the North East for about £60,000 is “cheap” compared to…