Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

5
Posts
6
Votes
Laurie Palagyi
  • Rental Property Investor
  • Portland, ME
6
Votes |
5
Posts

How would you invest $100k?

Laurie Palagyi
  • Rental Property Investor
  • Portland, ME
Posted

I sold my house this spring and have $100k to invest. I'm looking for ideas from seasoned investors on how to best invest this capital.

I live in Portland, Maine. The housing market is high and bidding wars over properties are common. I'm open to multi units, development, flips, etc.

Goal: My goal is to have this money invested in ways to bring cash flow and retire from my job in five years.

Additionally, does anyone know of a lender for multi units that offer 3.5%-15% down for non-owner occ?

Thanks!

Most Popular Reply

User Stats

14,501
Posts
11,191
Votes
Theresa Harris
#3 Managing Your Property Contributor
11,191
Votes |
14,501
Posts
Theresa Harris
#3 Managing Your Property Contributor
Replied
Quote from @Eliott Elias:

Put down payments on 3 flips and use the rest to set up draws for your rehab 


 Unless your market is different, with the high interest rates, now isn't the best time to flip.  houses are going to be harder to sell and prices will come down a bit in the short term.

  • Theresa Harris
  • Loading replies...