The only way I would consider what you are proposing is if the equity from your coop is enough to place enough of  downpayment (think 50% of purchase price) on a small multifamily (think 3-4 family) so that the income from the new property is enough to cover all expenses of the new property as well as the loan (or a significant percentage thereof) on your personal residence.It's a gamble that can break you or be the beginnings of your real estate portfolio.

Ours were plausible triplexes BUT there was a bit of a gamble involved.

Very few have been operated as a business...most are, at best, a hobby, where the Owner enjoys doing handyman work (often of dubious quality), at worst, an absolute "investment" Gamble, with no regard for tenants, laws, or much of anything but spending the absolute minimum while collecting the most money possible until their "cash cow" implodes.

When based in the UK we had a Brit veteran friend who lost both legs to diabetes, a prosthesis was not covered BUT a penile implant was ???

It also seems like a huge gamble to operate if I don't know quite for sure the variables involved to make a place have 33% occupancy rate on the year vs 75% occupancy rate on the year.

Stocks is gambling. 

Hi everyoneI'm new here and I've been listening to Bigger Pockets podcasts for a few months and I have one investment property in the UK and looking to buy my second one over the next few months.I wanted to ask how Brandon Turner's idea on "The Book on Investing In Real Estate with No (and Low) Money Down" can be applied to the UK property market. 

If you wing it you will fail.According to (my) data with my selected assumptions, up to $5K spend on mailers is a gamble.

Most investors buy to make money, it seems you want to buy for the sake of doing a deal.perhaps you just want the appreciation and you'll pay the bills with your career income, just know that's gambling and we are in an appreciation slump for potentially a few years.

I'm not saying that you should pursue something as a speculative gamble, but simply evaluate a realistic perspective of where the market is headed.