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Updated over 5 years ago,
200k of parents refinanced cash, what should I do?
I convinced my parents to cash out their equity, I'm 22 with a Realtor license in Chicago, should I buy/ finance for a multiunit, buy a couple rental units, or flip a property? (For my first step in REI)
Keep in mind the liquid cash from the refinance after paying off the old mortgage is still $1400 a month in principle and interest.