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Old 30-03-2008, 06:23 PM
bill mccallum bill mccallum is offline
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Join Date: Mar 2008
Posts: 12
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Nick

you say you have 50K sterling, so I assume that you are UK based...

why do you feel that overseas is the best place to invest? There are always opportunites in the UK if you look hard enough.

I'm looking at 3 properties/land investments in Devon & Dorset, with profit potential of 30% - 50%, for example

1) 10 bedroom property split into 3 flats, purchase price just £250K, refurbishment cost of £50K and re-sale value over £500K

2) property with DPP for 5 x 3 bedroom holiday units, purchase price £225K, build costs £250K and re-sale value £750K

3) land, suitable for 3 x 3 bedroom town houses, purchase price £200K, build cost £225K and re-sale price of £750K

I can raise £100K but need other investors to joint venture.
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