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Ask Michael Anything [video] – How to buy your next investment?

So you’ve bought your first property, and now you’re ready to continue building you folio, what’s the best way?

This week watch Michael explain and discuss the best strategies to purchasing your second or even third investment property.  downsize house small home property

This week’s question:

Hi Michael,

After you buy your first investment, do you buy your next investments with a line of credit or cash?

Or is there another way?

Dean Coulter

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'Ask Michael Anything [video] – How to buy your next investment?' have 3 comments

  1. Avatar for Property Update

    September 29, 2016 @ 5:43 am Kristen

    Dear Micheal, thank you for sharing your knowledge generously as always. I have been following your blog for years, I’ve learned much from your blog and your books. As a foreigner, I am disappointed with the new lending policies. Intervention are necessary at times, and commonly impose by many other countries as well. This current property climate does offers a great opportunity for Australians while forgeners are kept at bay. I hope the current lending policies are temperory, because, as much as every counrty would like to take care of their citizens, the reality is we are now living in the the new global age. The world is now flat, our enconmies are intertwined with one another. Unless you live in a country that provides public housing, your houses will be affordable, but humble. From experience, humble does not help aspirations, because they are trap within a system. I am sharing this, hoping you might help a voice for foreign investors. I would see our roles like provivding public housing, we buy off the plan properties, so they can be built for ample supply and demand. Any political stable country will prosper with enough jobs and vibrant real estate. Don’t lock us out, we may just end up prospering your country through indirect means.

    Reply

  2. Avatar for Property Update

    September 29, 2016 @ 5:47 am Kim

    Dear Micheal, thank you for sharing your knowledge generously as always. I have been following your blog for years, I’ve learned much from your blog and your books. As a foreigner, I am disappointed with the new lending policies. Intervention are necessary at times, and commonly impose by many other countries as well. This current property climate does offers a great opportunity for Australians while forgeners are kept at bay. I hope the current lending policies are temperory, because, as much as every counrty would like to take care of their citizens, the reality is we are now living in the the new global age. The world is now flat, our enconmies are intertwined with one another. Unless you live in a country that provides public housing, your houses will be affordable, but humble. From experience, humble does not help aspirations, because they are trap within a system. I am sharing this, hoping you might help a voice for foreign investors. I would see our roles like provivding public housing, we buy off the plan properties, so they can be built for ample supply and demand. Any political stable country will prosper with enough jobs and vibrant real estate. Don’t lock us out, we may just end up prospering your country through indirect means.

    Reply


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