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Hello all
I am new to this site and would like some ideas from you to help me begin as a property investor.
Over the past 15 years I have helped many people get a foot into the property market. I am a fully qualified carpenter and have used these skills to increase value on many occasions. The latest being two houses in Victoria (Nagambie) a joint venture with my brother.Purchase price $140000 spent $30000 on reno sold for $210000. Another with a friend in Dubbo purchase price $138000 spent $10000 on reno and revalued at $180000 within 4 weeks. And so on. Problem is all I get out of it is wages. I have a personal loan debt of $68000 and paying this off monthly.
My question is. How can I convince a lender to invest in me and lend me the capital to get a start for myself?
Are there people out there who finance this type of risk?
Any help or sugestions ????