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Updated about 4 years ago on . Most recent reply

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25
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Molefi Branson
  • Rental Property Investor
  • Toledo, OH
4
Votes |
25
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How would you spend $100K in RE?

Molefi Branson
  • Rental Property Investor
  • Toledo, OH
Posted

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.

  • Molefi Branson
  • Most Popular Reply

    User Stats

    139
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    140
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    Jasmine H.
    • Rental Property Investor
    • Houston, TX
    140
    Votes |
    139
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    Jasmine H.
    • Rental Property Investor
    • Houston, TX
    Replied

    @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.

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