I have 600K to invest

[Lindsay G.]

Hello,

I'm wondering what my next/first move should be. I have about 600k to start real estate investing. 250k of that is savings and 365k of it is a HELOC. I am interested in buy and hold multifamily investing but am really open to anything. I work full time making over 500k per year. I currently own my home.

These are my goals:

1. Ultimately to make enough money in RE so that I can cut back on my hours and scale quickly

2. Buy another primary home (will rent out my current multifamily) within the next year or 2

3. Buy a second vacation home which will also be a STR which I want to do immediately

I was planning on using my savings for the vacation home and my HELOC to start buying properties. Would you put 20% down towards multiple properties at once? Use the entire amount as a down payment towards a larger property? buy places cash and refinance? Become and investor on other projects? I just don't know where to start.

Any advice would be great and I am not limited geographically.

Thanks!