I'm young at age 23 but looking to build up money and capital.

Currently reading up on the "Buy and Hold" strategy, but also interested in Wholesaling to build up some cash.

I prefer that number to be 3 percentage points or more.Return including equity buildup ( assuming 30 year amortization) is $1,560 on your $6,000 investment or 26% in the first year.You will have to decide whether 8% is reasonable in your area and what return you require.Good Luck.Bill

I plan on trying to flip a few properties to start to build up my cashflow, then I plan on starting to invest in some rental properties to buy and hold.

If I'm successful with all four, I'll let that cash flow build up until I can put my next $12K down.

If you haven't heard the podcast and have commented on it I recommend saving the digital ink and trees until you have. ;)

We are wanting to work on flipping houses first and as we build up capital we want buy and hold property.

One way to slowly build up wealth if you don't mind moving periodically..

If that cop or asset manager had a bad morning, a bad time at home, couldn't stop at the drive-thru for coffee or just got ink on his shirt, you could expect a different outcome than if he'd had a great day.

Having the $32K in savings is really good as that is a good reserve to weather any rough times until you build up some cash from the rents.