All Topics / Finance / Getting more bang from your buck.

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  • Profile photo of flashflash
    Member
    @flash
    Join Date: 2003
    Post Count: 140
    May 11, 2004 - 10:24 am

    hi folks,
    im able to access roughly 120k in funds from equity in investment property.
    was just wondering the best way to leverage these funds so i can buy a decent amount of property.

    my thoughts were to use money for deposits say 20%.i am focused purely on pos cash property.

    Am i on the right track or being to conservative

    any thoughts???
    Or what would you do in my situation.

    cheers.

    Profile photo of MyydralMyydral
    Member
    @myydral
    Join Date: 2003
    Post Count: 259
    May 11, 2004 - 10:39 am

    You’re on this forum and you have 120k equity from an investment property. I reckon you should do exactly whatever let you make 120k equity again. 20% on positive cashflow properties sounds like a mighty fine idea.

    Keep doing what you’re doing.

    “Looking forward to the day when I can tell the boss where to go”

    Profile photo of flashflash
    Member
    @flash
    Join Date: 2003
    Post Count: 140
    May 11, 2004 - 11:19 am

    Thanks for your replies and good luck with investing.
    by the way my investment property was my place of residence until i recently moved.I now rent.

    cheers.

Viewing 3 posts - 1 through 3 (of 3 total)

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