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Updated 9 months ago on . Most recent reply
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Over $1,000,000 in equity and no idea how to use it!!!
As the post states. I'm looking at ways to put my equity to work and invest in real estate. If you had the same equity, what would be your plan of action? Would a fix and flip be the best way to go or is it better to invest in rental income properties. Thanks in advance.
Most Popular Reply
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Quote from @Jonathan Soto:
As the post states. I'm looking at ways to put my equity to work and invest in real estate. If you had the same equity, what would be your plan of action? Would a fix and flip be the best way to go or is it better to invest in rental income properties. Thanks in advance.
I would do nothing with it right now as the cost to borrow it is too expensive and real estate returns have been compressed. I would wait till rates eventually go down and there are real opportunities in real estate and take advantage of it then
- Chris Seveney
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