Updated about 7 years ago on . Most recent reply
Young Investor's Business Plan
Hello everyone,
Cashflow isn't my biggest priority but I want a balance between cashflow and equity. I was wondering how common or uncommon it is to get a property at 12% return with an amortization term of 15 years? I hear a lot about 12% return amortized at 30 but I want to achieve financial freedom and retire at an earlier age, so I want to build equity aggressively but I understand naturally there's less cashflow. This isn't a complete business plan but it's a solid component of it.
Thoughts, opinions, advice? I am currently looking for my first property right now and i'm excited. Any insight on this would be much appreciated.