I have $200,000 and want to create positive cashflow. Don’t currently own any property at all! I used to, but then I went all hippie and sold it all and travelled the world, now I’m back and want to build wealth. Mortgage broker says I could buy up to $800,000 but I’d like to be more conservative than that, thinking up to $600,000. I hate the idea of renovating, flipping, subdividing. I like the idea of either buying and holding positive cashflow commercial property or buying cheap residential and on-selling it via vendor finance. Any advice for courses, books, resources on how to get more savvy with those two things? I live in the Newcastle area, are there any gurus near me? Many thanks.
You must be logged in to reply to this topic. If you don't have an account, you can register here.
