I'm thinking of buying a holiday caravan to rent out. Also considering buying a small one bed home to rent... can't do both to start with. My goal is to grow wealth over time but as I've just started looking into this I'd love the insight of mumsnetters who've been there and done it and some advice on whether it's worth it and what to look out for. What to read etc.
I can't get a buy to let right mortgage now as I don't already have a mortgage but I do have the means to purchase a small property (like a caravan) with credit or outright, I've heard that credit is a good way to do it so long as you're making a profit on it each month, although I haven't read enough yet to figure out in my head how it's better to buy on credit. New to the idea but I really like the sound of it as a way to build a property portfolio over time... help please