Too be honest I dont know how anyone can afford a house for the first time these days, I mean the mortgage will be over a grand a month most probably and if you don't earn much, thats most if not all of your wage.
Well I was thinking the otherday (it's rare) How am I going to get on to the property ladder? If i could raise the deposit and even cover the cost of the mortgage. How woud i afford anything else?
What if I purchase a house and then rent it out a few years until my wages increase enough to cover all the costs? So the person who is renting the house will be paying a lot of my mortgage? And it wouldnt matter if they missed payment as i would be able to cover the cost as I would be living with my parents still.
Crazy I know, but it could just work
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