advice needed on investment property??

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bilbob

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My brother and I bought a house for 250k 2 years ago, it was recently valued at 410k, we are both single professionals in our mid twentys with a combined salary of 75-80 thousand.

We now want to purchase an investment property using released equity from the house. The problem is whether to pay a fair bit more and purchase a section 23 apartment for about 350-370k or to purchase a similar 2 or 3 bed in the city for about 280-290.


Any advice would be welcome
 
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