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Updated almost 10 years ago,

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1
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Martin Evans
  • Wales, Rhyl
0
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How to raise the initial 20 - 25% deposit

Martin Evans
  • Wales, Rhyl
Posted

I've been looking into how much of a percentage is initially needed when starting out to get a buy to let property and seeing 20 - 25% got me questioning. How do people raise that amount of money. Of course I realize the old fashioned save save save and for me this is not a problem. I am dedicated enough to be able to do this but it could take up to 5 years. Again not a problem but what I'm thinking is if I'm just putting 500 a month away into savings then yes I get compound interest but is there another way? 500 into shares a month? How does everyone else do it?

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