Hi all.I’m looking to get to the next level of property investment. My strategy is positive cash flow through commercial real estate of which i now have several and enough earnings to replace my current income. I’m looking for a mentor/coach any suggestions would be welcomed.
Thanks in advanceHi Tam
Firstly welcome to the forum and I hope you enjoy your time with us.
Certainly shouldn’t be too difficult to find a positively geared Commercial property as you limited to circa 60-70% lvr so means you are putting in a fair amount of deposit.
Whilst the odd lender might go to 75% if it is a P & I loan the higher yielding properties are being snapped by SMSF and large corporates who are seeking better returns.
Most decent Commercial properties over $1M go to Auction so you will want to be sure that your finance etc is all in place and you have had the property valued.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
You must be logged in to reply to this topic. If you don't have an account, you can register here.
