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Updated almost 6 years ago on . Most recent reply

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Australian - paying cash for property to hold and rent.

Posted

What should I know beforehand?

I have between 60-80k this year to purchase something. I’m considering potentially a condo or lower end single family home just to hold and cashflow while I save up for my next one.

Are there any hurdles or obstacles that I need to be aware of if I’m paying cash for a property?

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Michael P.
  • Rental Property Investor
  • Brooke Park Drive
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Michael P.
  • Rental Property Investor
  • Brooke Park Drive
Replied

Try chatting with @Engelo Rumora he’s an expert in that price range and an Aussie.

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