hi folks,
im able to access roughly 120k in funds from equity in investment property.
was just wondering the best way to leverage these funds so i can buy a decent amount of property.my thoughts were to use money for deposits say 20%.i am focused purely on pos cash property.
Am i on the right track or being to conservative
any thoughts???
Or what would you do in my situation.cheers.
You’re on this forum and you have 120k equity from an investment property. I reckon you should do exactly whatever let you make 120k equity again. 20% on positive cashflow properties sounds like a mighty fine idea.
Keep doing what you’re doing.
“Looking forward to the day when I can tell the boss where to go”
Thanks for your replies and good luck with investing.
by the way my investment property was my place of residence until i recently moved.I now rent.cheers.
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