Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Christopher Smith

Christopher Smith has started 1 posts and replied 2 times.

Post: Can't get a high enough mortgage due to car finance

Christopher SmithPosted
  • Blackpool, Lancashire
  • Posts 2
  • Votes 0

I haven't been on Bp long but you guys are awesome and i appreciate your help alot  , so would you suggest buying a cheap car hoping it doesnt break down or go down the route of renting a car ? i'm currently paying £400 a month finance which i know is stupid now but at the time i was in love with it , and now i'm looking back seeing the mistake of not thinking long term . I could wait 2 years and the car would be paid off whilst saving more for a house deposit theres alot of options i just know either way i need a car to get to work.

Thanks for your advice ! 

Post: Can't get a high enough mortgage due to car finance

Christopher SmithPosted
  • Blackpool, Lancashire
  • Posts 2
  • Votes 0

Hey guys my name is chris , I was wondering if you had any ideas on what I could do I tried to get a mortgage through my bank and they'd only lend 34k because of my car finance , I could afford a mortgage aswell and really don't know what to do and have no one really to talk to as I live with my grandparents .

I was thinking of buying a flat and just paying it off then sell it once paid for but being 26 now it's going to be a while till that would be paid off , do you have any advice what to do as I seem to be stuck . Thanks guys and love the Bp YouTube channel!

tia