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Thanks for the advice JacM and Paul.
Vendor finance is a subject that i have a very basic knowledge around, are there any books or material you would recommend that would be helpful?
Hi everyone,
Im new to this forum too, its great to read about so many young investors in the same boat.
I myself am 21 years old in WA, i bought my first property last year when i was 20 and the fhog was 14k. Ive since turned that into an investment and live at home. I work for one of the big4 banks and want to build a huge property portfolio. i strongly believe that renos and subdivision is the way to make fast capital, and am doing alot of research around that.
There are many opportunities here in Perth, ($250 – 300k) but im currently lacking cashflow to afford down payment and closing costs out of my own pocket to invest. ( havent got much equity yet)
If anyone is from WA, and is either interested in joint Ventures or happy to discuss what i can bring to the table please contact me.
Looking forward to this great site!
regards,
Arj