Lots of Cash and Overwhelmed Newby

[Kristen Descant]

Hello everyone, I've found myself in a very fortunate position. My primary home has increased in value drastically in the last year and half that I've owned it. I am in the early stages of a cash out refi and I'm expecting to have between 100K - 130K cash. I bought two sfr in 2021, so I have a little experience, but at this point I am a little overwhelmed. This is an opportunity I really don't want to mess up because I know whatever I choose now will greatly influence what comes after. Any advice is very appreciated. I keep finding myself looking at lower class properties, but quickly begin to consider all of the cons. I would love to BRRRR, but I can't even decide on a market.

[Jeff He]

What's your liquidity need? Are you looking to invest the capital into a property for at least 7 years? Are you investing more for appreciation or more for cash flow?

Do you prefer to put the entire amount into one property or would you like to see it diversified across multiple properties?