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Funding and prudent financial management of a property portfolio - ideas and suggestions please

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  • 13-06-2023 10:21am
    #1
    paolom
    Registered Users Posts: 3 ✭


    Hi there.


    I am keen to understand the best way to fund / and efficiently manage revenue for a planned property portfolio

    There are two parts to my query: how to fund it, and how to manage the earnings.

    1 - I outright own an apartment. I intend to liquidate it to release 400k net in funds. With this I aim to purchase several properties. I guess 4, where I can use 100k to put down 25% for each and expect to earn circa 2200 per month gross for each. Is this a realistic idea and will banks be open to this lending scenario. (I could go interest only or pay down capital - either works)

    2 - Should I set up a limited company to do this to ringfence earnings. I intend not to pay myself a directors wage as it will be caught in 52% tax due to my PAYE earnings already pushing income to that level. I will use earnings for more investments which will potentially include properties or stocks / shares.

    2(a) - If I don't intend access the funds until retirement, am I better to put this into a self managed pension where income is further more tax efficient? Or are there other options?


    Any advice appreciated.

    Thanks.

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