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Thanks for your response.
I’ll need to do further investing of the Wrap technique and determine how this process works.
I also plan to use the equity built in the existing property to fund further investments.
I suppose like most people my goals are to build wealth and passive income so I can be financially independent and not rely on a job for income.
Although I have written my short, medium and long term goals down, the hard part I find is getting the correct information. There are so many dishonest people out there that it’s sometimes difficult to filter the good from the bad.
I certainly plan on using this forum as a source of valuable information and research.
Martin.
quote:
Hey Martin,
Welcome to the site. The ways to turn this investment that spring to mind are
1. Wrapping it to get better cashflow.
2. Accessing the equity in the property to buy other properties that suit your investment goals.By the way What are your short, medium and long term goals ? Where do you want to be in the future. Think about this and write down your answers and review it constantly.
Hope this helps.
Enjoy
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