All Topics / Commercial Property / commercial property

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  • Profile photo of dhass2dhass2
    Join Date: 2020
    Post Count: 0

    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.

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