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General   (General discussion, talk about anything.)

Started by: billy (26053) 

i could be wrong but, a good deposit will determin your monthly outgoings. a good insurance policy will take care of all the repairs. the best thing i ever did was to buy my house.this is my fourth one. i bought on a mortgage the first one. with the help of the family, we did the property up and put it back on the market the following year. the profits went back to one i bought in mawdsley. it was run down and i begged it. two years later after a bit of hard graft, i sold that with a substantial profit. the present bungalow i live in now is bought and paid for through the other properties ive sold. the moral of all this is, start with a decent deposit...go for a house that needs some renovation, do it up and get it back on the market. it works, and you only have to watch that TV prog, seems a lot of people have cottoned on to the idea i worked out many years ago.go for it.

Replied: 9th Oct 2006 at 17:31

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