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Updated almost 7 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Ovais Zuberi
  • Skokie, IL
2
Votes |
13
Posts

What to store your CASH?

Ovais Zuberi
  • Skokie, IL
Posted

Hey All, 

I'm fairly new to the investing world and bought my first triplex about a year ago.  I've been actively looking to buy a second property now and I'm just wondering what did you guys do with your cash while saving up to buy other properties? Did you put it in the market? A high yield savings account? I hate the idea of my money just sitting in a basic savings account and not working for me.

Any advice would be much appreciated.

Thanks 

Most Popular Reply

User Stats

485
Posts
384
Votes
Ken Breeze
  • Investor
  • Phoenix, AZ
384
Votes |
485
Posts
Ken Breeze
  • Investor
  • Phoenix, AZ
Replied

How much capital are you looking at?

How long can you let go of it?

What are your expectations?

Best is to be pro-active and look up a few hard lending topics and members here on Bigger Pockets and ask them directly how to handle your current situation.

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