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Updated about 5 years ago on . Most recent reply

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Thomas Mehi
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Where to put money while saving for the next down payment?

Thomas Mehi
Posted

Where do you keep your money while saving 20 or30k for the next downpayment? Imagine it would have to be somewhere semi-liquid. I am thinking mutual funds? Other investments?

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Nathan Gesner
Property Manager
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  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
Property Manager
Agent
Pro Member
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Savings account. It needs to be liquid and accessible. You may be saving $30,000 for the next deal when suddenly a deal comes along that only requires $10,000.

  • Nathan Gesner
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