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Updated about 9 years ago on . Most recent reply

User Stats

85
Posts
28
Votes
Sochima Eze
  • Rental Property Investor
  • New York, NY
28
Votes |
85
Posts

Some equity and liquid cash

Sochima Eze
  • Rental Property Investor
  • New York, NY
Posted
Hey guys, I'm looking for advice on how to go forward in 2016. My primary residence has approximately 120k of equity and I'm a co-owner of another home (will refinance my father out of it in 6 months) with approximately 300-400k of equity. Additionally, I have around 40k liquid, not including retirement 401k. What I would like to do for 2016 is to purchase an apartment building or multi family property in the Midwest. However, I'm not opposed single family units either or even turnkey properties. I'm essentially looking for anyone that has had experience in my situation. I would love to be able to throw ideas back and forth.

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