What Do I Do With My Refinance Capital?

[Jordan Holt]

Hello all!

My wife and I are preparing to finalize a refinance on our home in the coming weeks. We have a lot of equity in our home, so we’re going to be able to pull out a substantial amount of capital.

That being said, I feel stuck trying to decide what we should do with said capital. I would really love to get into a buy & hold multi-family property, but I’m really open to anything if the numbers work. Might even jv a deal if someone was willing to do so. We’ll definitely have some skin in the game.

Any recommendations on viable routes for us to take?

Anybody in Utah want to jv on a deal?

[Brian G.]

@Jordan Holt have you considered the VR business? I hear Utah is a popular vacation destination. It’s an active business but the returns can be well worth your time *if you self manage* and you can absolutely learn how. I do it and so do many other BP members. Something to consider.