Yes there is an alternative and if you are wondering what I am talking about you will need to go back and read the previous posts. You can click on them here:

http://jenniebrown.com.au/debt-vs-cashflow-property-investing-for-life

http://jenniebrown.com.au/is-property-investing-debt-worth-it

We came up with this idea where we would make chunks of money and then use that to build up a Make it Keep it portfolio – A MIKI.

So for example, let's say that we buy or build or strata a four-unit development. The plan would be to sell three and keep one. We could continue to replicate this but each time we would keep more units.

So the first project would give us 1 and the second project would give us 2 and so on until we could eventually own a whole block of 4 units. This is a simplistic way of looking at it but you get the concept right? To start off you might want to just do a duplex and slowly work up to a triplex and before you know it you will be pricing up a six pack!

Each deal is relative to your own experience. Buying a six pack of units might seem out of reach to some but you have to climb the ladder to get the view so start at the first rung and work your way up.

Can you see what I am doing here?

I am creating a situation where I own the property outright and by doing it with chunks of money, I have more control over how much debt I want to take on. In addition, in the meantime, it's a good idea to pay down what debt you do have on your portfolio as quickly as possible.

Have a think about this and I will wrap it all up in the next post.