Creating cash flow with 200k cash

[Jessica Wood]

We are soon moving to the Minneapolis market, where I know the cap rates are tight and the market is a sellers market. We are looking to create at least $2,000/month in cash flow using 200k cash. 

Hard money lending seems like the “easy” route but obviously riskier. We would like to buy and hold single family or multi family real estate long term. We will be full time real estate investors, so no need to worry about 9-5 job restrictions. 

Any advice in navigating this would be greatly appreciated. 

[Jessica Wood]

@Cody Evans I have investment income and rental income and won’t have trouble qualifying for a loan so that is not an issue. I also already own one property and have since 2011 so I’m not a total newbie.  But good advice. I should’ve made those things clear in my post!  Sorry. Thank you for chiming in.