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Updated over 6 years ago on . Most recent reply

Account Closed
  • Real Estate Agent
  • Hackensack
0
Votes |
11
Posts

What can i do with 200k -300k?

Account Closed
  • Real Estate Agent
  • Hackensack
Posted

Hello to all. I just got my real estate license and and I'm very eager to get my foot in the door in this real estate game. Buying, holding, flipping, fixing etc. I am currently selling my business which is a deli and my primary residence so i can have some liquid cash to start. I was thinking maybe putting 20% down on a few multifamily dwellings. Or even buying houses in auction fixing and selling them. Or even wholesaling. My partner is an electrician and has been around construction his whole life so fixer uppers won't be such an issue. Plus we have great contractor friends that are willing to help. I want to focus on North Jersey. What do you guys think?

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3,034
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Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
2,019
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3,034
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Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
Replied

Keep educating until you’ve narrowed down your path to what best fits your goals and then dig deeper into that strategy. Also don’t advertise having $200-300k cash on a public forum like this. Now you can expect to get bombarded with colleague requests and messages from people looking to benefit from your money. Proceed with caution!

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