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Updated about 4 years ago on . Most recent reply
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How would you spend $100K in RE?
I've saved $100K in preparation for my purchase as a REI. I've decided I want to specialize in Multi-Family/ apartment bldgs.
Would you blow it all on 1 purchase? Would you buy multiple properties? Would you spend the money at at all? Would you look to partner ?
Interested in learning more about creative strategies to conserve my seed money.
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@Molefi Branson there are multiple options to spending your capital but it really depends on you goals and objectives. You could try buying one property with a portion of the funds, rent it out and if successful use the rest to continue the same path. Another option would be to use all the funds to purchase a multi unit. Or you can buy and more expensive property in a growing location with good rent to value ratio.