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Updated almost 3 years ago on . Most recent reply
selling my house and want to invest
My wife and I are about to sell my house and get a good chunk of money over 400,000 any ideas on what I should do to invest in this?
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![William F. Senkowsky's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2424802/1658284052-avatar-williamf347.jpg?twic=v1/output=image/crop=3024x3024@674x0/cover=128x128&v=2)
That’s a broad question and is going to be specific to you and what your long term goals are… Obviously real estate, but what property type are you interested in, single family-multi family? What strategies are you considering fix/flip, long term rental/ short term rental? What condition of home are you comfortable with? Cosmetic or major repair? With $400k cash there are a lot of possibilities… Personally I would buy as many properties as I could but I also do construction/design work so I am able to save money on contractor expenses.