Updated over 3 years ago on . Most recent reply
only 3% cash on cash, worth it?
Hi, I’m living in Australia on a temporary visa which will be changed to permanent in 2 years. for a 300k prop I wanna buy, I have to pay 30k more than other people as stamp duty because I’m on a temporary visa. but the prop still giving me 3% yearly cash on cash. I’m not sure it’s better to wait 2 years to get my permanent visa to waive that 30k or just buy it now? thanks for your advices in advance.
Amin
Most Popular Reply
If you want to get started, find investors in your area that are experienced and see if you can partner with them on a deal. That way you can maybe get part of a deal and build your cash. You will also be able to learn from them. Look for local real estate meetups.