Was reading a post by @Taku Ekanayake regarding some of his recent purchases. I thought it was very good/interesting strategy and think it could work very well, especially for those starting out who have very little equity. Wondering has anyone been doing successfully, repeating this process/strategy. Is this how it works? Buy ideally lower end markets (200-350K) Buy minimum 20% under market value Yields must be minimum of 6% 3-6 months later revalue and access equity Rinse and repeat The only downside to this I think is making sure you don't buy in a falling market because valuation may not come in and then you are stuck? Also, this strategy may work well in the Adelaide/Brisbane market, lower end??