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Updated about 10 years ago,
1st investment plan
i am looking to buy my 1st property investment. i have 50,000 capital and am thinking of purchasing 2 properties for a total of 120000 to rent at 700 p/m in the area i am thinking of purchasing. i plan on getting 100000 of a loan and using 20000 of my capital. how do people feel about this? is this a good starting plan?