First time investor, invest now?

Just a quick background on me. Im 22 year old recent uni graduate and currently working full time. I have a lump sum saved up (20k) and always been keen to invest in property for a few years.

Firstly i would like to ask on any ideas on acquiring further deposits for housing. Current income is 17k/year with little to no outgoings and can remain that way.

Second, is now a good time to invest? plus would a buy to let market be a good thing?

I was at the point of deciding whether to invest all in one house, buy to let in the uk, or buy abroad but think buy to let is where to start as i want to start building a portfolio of houses. Atm i know its a buyers market and feel refurbishments are not viable yet and many houses are reducing their prices around me which i have noticed since this time last year.

Any help is greatly appreciated, i did start looking at various victorian style terraced houses in town areas where the rental fee charged can cove the mortgage at the rate i would expect to get. These houses are typically going for 90-100k but the areas are just so-so. Anyway thanks for any help on starting up, esp where to look towards and gaining further finances

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find new homes and condos

hi monika its really a good time invest go a head...but you should have good amount and knowledge first

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Rental flat london

It is a great time to invest, especially if you have the capital to use in a down payment right now. A lot of lenders are really weary of giving out loans right now, but if you have money down and good credit, you will be set on getting a good deal on some property before others do.

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For Sale By Owner

Really very good.it is a golden time of investment. And real estate is evergreen field for investing.

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