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Updated almost 5 years ago, 01/16/2020

User Stats

126
Posts
45
Votes
Roy Gottesdiener
  • Rental Property Investor
  • Singapore
45
Votes |
126
Posts

Building capital through flips or other ways?

Roy Gottesdiener
  • Rental Property Investor
  • Singapore
Posted

I'm about to close my first deal for $150k rental property which will cash flow $14k yearly.

Thinking forward, what would be an ideal strategy to generate enough income so I can retire in 10 years? I can refinance and buy another rental, then keep doing that, but I'm. Thinking if there's a better way to first build capital and then buy rentals, refinance etc just with a better starting point.

If you can share your thoughts about this or any other method that'd be great. Bear in n mind I don't plan to use any of the cash and reinvest all of it.

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