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Updated over 5 years ago on . Most recent reply

User Stats

7
Posts
3
Votes
Eric Lubbers
  • Rental Property Investor
  • Milwaukee, WI
3
Votes |
7
Posts

Saved 200k / best advice needed

Eric Lubbers
  • Rental Property Investor
  • Milwaukee, WI
Posted

A business partner and I have saved every dime for 3 years and now have $200k in liquid capital. We wanted to create discipline (saving to a large goal) in order to ensure a great start. We have the capital, we have the business set up, etc....Our goal now is simple - invest in cash flowing property  

We are looking for advice around types of property that would be the best fit to get started acquiring property- saved this capital and are ready to deploy onto the market - what would be the best way to do so in order to a) max cash flow b) use the best leverage strategy to ensure the best possible start ? Our debate has been multi-unit apartment building or individual houses  at this point property management is a must on our end given current jobs and families. With this amount of capital - what would be the best approach?

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