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Updated about 8 years ago on . Most recent reply

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Dylan B.
  • Houston, TX
0
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May be receiving large amount of cash, best way to invest?

Dylan B.
  • Houston, TX
Posted

May be receiving a $200k-$500K (complicated to explain) what would be the best strategy for investment in real estate? Is it best to buy a few houses with cash or to by many houses with loans? Should I pay off my debt first before investing in real estate? 

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504
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Arpan Patel
  • Investor
  • Chicago, IL
191
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504
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Arpan Patel
  • Investor
  • Chicago, IL
Replied

I would get leverage as most real estate guys love leverage. First, what strategies appeal to you? Then, what areas would you like to be in? What type of return are you looking for? Start there and then you can evaluate if something is right for you or not but otherwise you will have shinny object syndrome in this game. There are so many ways to make money in this game that you really need to focus but start with what you find interesting.

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