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Updated about 7 years ago on . Most recent reply
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Best way to expand with $30k-$50k
I am looking to add another property (or two) to my portfolio. I have one rental condo that I am very proud of. I have about 60k worth of equity that could potentially be tapped into. I want to use my cash on hand to start playing the cash flow game. What should I be looking to do with 30-50k in order to maximize my returns? I've seen a couple of seller finance deals for 15-25k down that would bring in 300 or so a month. Is this a good way to go? Should I be looking to scoop up some seller finance deals?
Thoughts and advice greatly appreciated!