You’re no doubt seen this by now: SELL ONE, BUY TWO, the advertisement yells – HOW TO OWN TWO PRIVATE PROPERTIES WITH NO ABSD! (Insert excessive line of emojis).
Your first reaction is probably to think “scam”. Your second is to wonder if this is a property investment strategy that’s really plausible, or if following up on the link means getting a zillion emails (pro-tip: yes, yes it does).
To spare you having to do that – and shield you from the more, uh, overly optimistic pitches, we’ve put together a no-nonsense guide. You see, while “sell one, buy two” isn’t a scam, it’s also a property investment strategy that’s not for everyone.
Here’s the lowdown on how it works, along with the necessary warnings:
Even mainstream news has got it on this
How does “sell one, buy two” actually work?
Let’s start with the fact that, when buying a property,...