250K. How best to invest in property?

[jenzo]

Hi all

Some advice and thoughts please…

If you had 250K, in cash, how would you use this liquidity to buy a property?

The tyoe of mortgage you would go for?

How many would you/could you buy?

Could you set up an initial portfolio, to make a monthly income from it (even if it was minimal, after covering all costs*mortgage, maintenance etc.?

[jenzo]

Hi Leedssurveyor

Great to hear your thoughts, advice and precisely what I am thinking.

Would it be an issue for you, if you were being based in London and having a rental portfolio up North ?
How many properties with 250k liquid, at 40% LTV would you say/advise makes sense to go for ?